The indicators for TRX on the daily chart are still looking promising. The hourly charts - not so much.
If TRX - is an overinflated bubble - we may expect a pessimistic scenario (here is in red)
If TRX - is a promising project with a great potential - we have an optimistic scenario (here is in aquamarine color)
Let's see what scenario will win.
We are in a critical zone now, where a break down at the (C) support would confirm a negative trend.
Establishing a very strong support at 0.236 Fib level (0.000006 sat)
Thanks for making this. Nice to see both scenarios juxtaposed in one view. I believe TRX is a strong project, and next week's partnership announcement will hopefully set us along the optimistic course.