Crypto Chart Review BTC/TRX
Peace
I hope you are doing well this morning. The price of the token presented below on the weekly chart is going to be reviewed in a short description. It is important to never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I recommend you to conduct thorough research on the crypto you are targetting before any action in this volatile market.
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The price on the weekly chart describes the evolution of Tron token against BTC one candle at a time. The TRX prices are moving down and located as I am writing this article around 162 Satoshi. The red lines between that range of prices represent resistance lines which indicate the token ceiling and floor value with a time period on the market. The resistance line has been crossed many months ago. It appears that the TRX value is definitely going to dive for several weeks recording the lowest values compared to the first quarter of 2021. The moving average showed this reduction of TRX value but hasn't confirmed this trend for the coming weeks. I expect the market traders will react and prove me wrong otherwise, hold your bag of Tron as the prices dive.
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upvotebank (74) 4 years ago
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successgr.with (75) 4 years ago
