The last few trades have been quite good, so far I have not lost money on a single public trade. You may view the trades in the related ideas section or just click on my profile. I have made 27.74% off XRP and so far 5%+ off Tron.
Tron has recently topped and is now having a correction to the downside. I expect this to last until 370 at the very least, as that should be a normal retrace during a bear market.
Therefore, you may hold your short with a stop loss above a bear fractal.
If you are not short, it may be wise to enter with a small position. We should be getting a bounce soon but I would not bet on that. Tron in theory should not be breaking 395 anymore and we should be seeing 370 within the next few days.
Reasoning:
Classic topping pattern. (0.382 to 0.236 then drop below support)
Volume picking up during uptrend, meaning many people bought the move up, not the bottom. This means if price fails, it will be tough to break new highs for a long time. At the very least we need a bottom for Tron, and I believe that will occur at 370 sats on Binance.
Thanks for viewing! I read all comments and reply instantly.