TRX Descending triangle

11 May 2019

Tron is the 11th biggest market cap coin. The price movement continued in a descending triangle from the the start, so it will continues in the triangle till August 2019. 350 sathoshi acted as nice support in a recent BTC surge, further breakdown will lead to 265 sathoshi strong support. It will liftoff to get out of the the triangle only when the support from 350 or 265 worked. RSI shows oversold at any timeframe, so further sell off is not expected because its large cap coin.