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InvestingScope

Approaching 1W Lower High levels. Bearish.

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TRON (BITFINEX:TRXUSD)  
InvestingScope  
BITFINEX:TRXUSD   TRON
Trend Analysis Chart Patterns Technical Indicators Tron TRX TRON tronusd crypto cryptos Cryptocurrency cryptocurrencies
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trendanalysis chartpattern indicator trxusd trx tron tronusd crypto cryptos cryptocurrency cryptocurrencies
The 1D Channel Up (RSI = 51.327) on TRON is trading sideways now as it approaches the 0.029 - 0.030 Lower High levels on the 1W Channel Down. This is technically the highest R/R spot to go short since 1W Highs/Lows = 0.0055 call for a bearish reversal. We remain bearish, TP = 0.01410 (0.009634 in extension).
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