Price Analysis: TRXUSD – Bitfinex

Summary:

TRON (TRX), remains in a very strong bearish trend reached new minimum prices this year 2018, much risk to think about buying when the market is falling, however recoveries are good options to invest …

Investment:

For the graphic in the frame H4

Intradia

1.- BUY to the rebound Support 1 = $ 0.0188

2.- BUY to the rebound of Minimum Price 2018 = $ 0.0165

All purchases are likely to give 5-10% Profit

Medium term

1.- Wait Rupture of the Trend Lines 2018

Target 1 = $ 0.027

Target 2 = $ 0.030

Stop Limit = Calculate at 3% or 4% as Maximum from the point of Purchase

The MACD and RSI indicators are indicating a small divergence right in Support 1, giving good buying probabilities in this first area.