Presently, I really DON'T think this is a probability, but everything in Crypto is a POSSIBILITY which, as Traders, we must consider all:
We have a Head & Shoulders Pattern forming, and a Bear-Flag already formed. Virtually all time-frames have a Bearish MACD (surprisingly).
TRX has been holding up incredibly well against BTC these past few days, but are we seeing signs of weakness pre-MainNet..? Hmmmm
I am going to wait until this H&S Pattern become invalidated before potentially jumping into Tron.
Good luck out there! :-)
We have a Head & Shoulders Pattern forming, and a Bear-Flag already formed. Virtually all time-frames have a Bearish MACD (surprisingly).
TRX has been holding up incredibly well against BTC these past few days, but are we seeing signs of weakness pre-MainNet..? Hmmmm
I am going to wait until this H&S Pattern become invalidated before potentially jumping into Tron.
Good luck out there! :-)
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Oh yeah, if a 30min Candle close BELOW $0.65, I'd then be careful going long right now.
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TRON bear scenario, unbelievably, might be playing out right now.
Stay sharp
Stay sharp
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If TRX closes the next 1HR Candle above $0.0645, then I'll probably be Bullish and consider opening a short-term Long position.
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TRX remains weak...it's barely holding at $0.0597.
BTC looking weak with Lower-Lows etc, and expecting at break below $7K relatively soon.
Next potential Buy Zone for TRX is circa $0.053. We'll need to re-assess then.
Best of luck to you all :-)
BTC looking weak with Lower-Lows etc, and expecting at break below $7K relatively soon.
Next potential Buy Zone for TRX is circa $0.053. We'll need to re-assess then.
Best of luck to you all :-)