Moglli

TRX woke up on the wrong side of the bed!

BINANCE:TRXBTC   TRON / Bitcoin
TRX is looking a little sad today, I had hoped in my last ta that trx would form an Eliot wave however btc happened and slapped that idea right of my idealistic mind!
ive taken a little step back and have removed my pro trx bias from this ta.

As you can see from my picture there are support lines (dotted yellow lines), the lower one where the current down trend line meets is a crux point for trx . If we are lucky it will follow the lower dotted yellow line that encapsulated a flag (bear or bull i dont yet know, i expect bear though) to completion. if not we could see it push through the support line, as you can see from the volume , AO and MACD it is most obviously a bear market, meaning we could see it push through dropping to 350-400 sats .

If this does happened dont worry my friends, we are after all in a bear market and will have to weather it.

The best we can do is hodl or if you have the cast iron balls play the down trend to accumulate more precious trx .

If you have any questions or think my ta is missing something please comment below, we are all in this together, so lets learn together :)

if you are feeling generous and want to help a dude out, her is my btc address: 1839dwyQFxUVfVyvYdQv5YWvYoJ32Kq6Qd

Good luck guys and stay frosty.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out