TRXUSDT Looking for .02 Before Next Leg
Dwindling volume following the recent uptrend makes me think we'll see a small to medium rally this weekend and fall into the .02 range starting Sunday night. If .02 doesn't hold, next support is .0175 to .016. Either way, I wouldn't be surprised if the uptrend line breaks, as we've seen frequently in other pairs, right before it gains positive traction.
Alternative, Stoch RSI is oversold, MACD hitting median line - possible bounce off, and RSI hitting resistance, could give pressure to reach gains but I'd ultimately expect a cool down after such a long hot run.
Alternative, Stoch RSI is oversold, MACD hitting median line - possible bounce off, and RSI hitting resistance, could give pressure to reach gains but I'd ultimately expect a cool down after such a long hot run.
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