This is a potential reversal zone... Feel free to hit like now and let's get started with this analysis...
- The chart is still and TRXBTC is trading below EMA10, but we just hit our and the weekly chart is forming a .
- We also have weak building up on the and .
If TRXBTC can break and close above 0.00000250, expect for it to move higher.
If TRXBTC can't break above EMA10, it will most likely go lower and test the lower end of our at 0.00000215 - 0.00000200.
Regardless if TRX moves up right away, it is trading at low and strong support, perfect spot to buy if you want to profit long-term.
Thanks a lot for reading.
This is Alan Masters.