OxHip
Long

Returning to basics.

BINANCE:TRXETH   TRON / Ethereum
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Looks like TRX:ETH Has hit the Mid December trendline . Before the big price boom.
It does tend to notice the line and has bounced off it a few times, currently testing it now after a brief consolidation.

I'm wondering if it breaks lower, too far low (into that blue box), then it might be headed for the earlier trendline , the one that began early December.

I'm going to wait for a stronger signal about where TRX is headed. If your current hodl TRX position is above the current price, it might be worth averaging in a little lower now, keeping an eye on it and then averaging down again if it is headed for earlier trendline .

Good luck everyone. Love how much Tronix Has such an excited following. Keep it up!
And if you're looking to increase holdings, this all looks great.
Kommentar: Also worth noting that the EMA 50 is below the EMA 200...
Kommentar: TRX:ETH dipped significantly below first supporting trendline overnight. I'm actually blaming all of this on the recent bull trend in ETH:USD. Looks similar on XRP, and XLM. Probably others.

All bets are off until ETH consolidates, and TRX gets a chance to move more freely.

https://i.imgur.com/bCDXo5S.png
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