BigLava

TRX Bouncing around!

BigLava Mis à jour   
BINANCE:TRXUSDT   TRON / TetherUS
TRX has been moving in a horizontal channel for quite some time.

Currently sitting at Daily trend support ( green line). If this support can hold strong and firm we can expect to see a test in resistance cluster.

Be aware of bull traps and bear traps. TRX seems to be a very risky play for margin/leverage traders.

4H closure below $0.02629 critical support will lead us into a bearish continuation phase.
4H closure above 0.03338 would lead us to test next weekly horizontal resistance clusters at 0.03671
Commentaire:
As I mentioned about the traps.
Futures positions are risky with volatile pairs like this.

The candle has closed below the daily trend support. Followed by a 50%+ increase .
Clause de non-responsabilité

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