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Trade Recommendation: TRON/Ethereum
The TRON/Ethereum (TRX/ETH) market launched its bull run on December 16, 2017 when it breached resistance of 0.000045. The momentum of the breakout was so strong that the pair went as high as 0.00032 on January 5, 2018. At this point, however, the market flashed extreme overbought signals. This prompted breakout players to start taking profits. Sponsored Faced with heavy selling pressure, TRX/ETH went as low as 0.00011043 on January 6. While the pair did bounce, it created a bearish lower high setup of 0.00018866 on January 8. Noticing that the market was running out of steam, participants dumped their...
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