veerakumarnice

TRXBTC bleeding ?

Corto
BINANCE:TRXBTC   TRON / Bitcoin
BIANANCE:TRXBTC


As you can see heavy sell happening now and then almost around 200 million tron tokens in binance. This doesn't seem good for trxbtc.

There is a strong support at 50 DMA but still whether it holds it or not has to be seen. Further RSI is bearish biased and left the support and moving towards oversold territory. and it has formed a bear flag kind of pattern and on the verge of breaking it down.
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