TRX/ETH Daily Analysis - 31 January 2018
T R O N GOT LOTS TO DO
EMA(9) has gone below EMA(20) and both are now below MA(50).
1. First, it needs to bounce back and close above the uptrend line, that it failed to do 2 days ago.
2. Let's hope it finds support at the minor support, 0.00004515 levels. If it breaks below that, we might see it go down to 0.00002954.
3. It also needs to break above the short term downtrend line and start making higher highs and higher lows.
4. Lots of good news for T R O N though. Let's hope it bounces back up soon.
**Just me learning. If you think I'm doing something incorrectly, please let me know. I'd love to learn more.
EMA(9) has gone below EMA(20) and both are now below MA(50).
1. First, it needs to bounce back and close above the uptrend line, that it failed to do 2 days ago.
2. Let's hope it finds support at the minor support, 0.00004515 levels. If it breaks below that, we might see it go down to 0.00002954.
3. It also needs to break above the short term downtrend line and start making higher highs and higher lows.
4. Lots of good news for T R O N though. Let's hope it bounces back up soon.
**Just me learning. If you think I'm doing something incorrectly, please let me know. I'd love to learn more.
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