TRX/USDT

We look at the Tron chart weekly. The reason is the weekly Bear structures that occur with some coins.

This is an important step to avoid losing our capital while trying to save the day.

There is a negative discordant structure formed in TRX, while the price was going up, RSI clearly did not support it.

Speculative news about Huobi and Justin Sun may cause the price to drop to lower levels. If the OBO formation occurs at the RSI level, a significant decline may occur. When the same structure occurred before, the TRX price decreased by approximately 50%.

Note: By the way, if you ask why this chart is with a line instead of a candle, it is made because when positive and negative discord is sought, it is measured with the closing price instead of the Wick left by the price.

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