People in fb keep claiming that trx is not going down?
Really not going down? new to trx? haha
well lets see, even thought I'd like to go up so I can trade something, So far what I see is them doing a head fake which happened to stop at 1k sats becoming a possible wave down to the down side if its not broken... why? well because they retraces to a .618 fib then ran buy stops and took a dive... yeah buy my shit strategy built in their software... so all they did was get a bunch of ppl with high hopes....
so far they keep making lower lows and lower highs creating a downtrend... the moving averages are not helping either... it seems like the volume is mostly retail buyers and simply trying to go sideways to avoid breaking that support line, the problem is that when the big boys come in they are not gonna buy a retail price to then drive the price higher... they will drop it get a discount the continue...
they are pending square ups clearly at on the 650s possible 535s and possible 390s... even thought some of them have wicks that kinda corrected them they like to put solid candles... so if u ask me I'd either buy at around 400 sats or they need to print a solid reversal pattern that shows that they are going up and they are going to break the all time high. for now the 1 wave down is printed and they are gaining momentum to break even lower and start the third wave down.. I don't care how many more partnerships they sign.
here I have both scenarios If i see the light I'd get in if not I am not touching it.. if you are holding be careful your lambo dream might become a bus stop.
Really not going down? new to trx? haha
well lets see, even thought I'd like to go up so I can trade something, So far what I see is them doing a head fake which happened to stop at 1k sats becoming a possible wave down to the down side if its not broken... why? well because they retraces to a .618 fib then ran buy stops and took a dive... yeah buy my shit strategy built in their software... so all they did was get a bunch of ppl with high hopes....
so far they keep making lower lows and lower highs creating a downtrend... the moving averages are not helping either... it seems like the volume is mostly retail buyers and simply trying to go sideways to avoid breaking that support line, the problem is that when the big boys come in they are not gonna buy a retail price to then drive the price higher... they will drop it get a discount the continue...
they are pending square ups clearly at on the 650s possible 535s and possible 390s... even thought some of them have wicks that kinda corrected them they like to put solid candles... so if u ask me I'd either buy at around 400 sats or they need to print a solid reversal pattern that shows that they are going up and they are going to break the all time high. for now the 1 wave down is printed and they are gaining momentum to break even lower and start the third wave down.. I don't care how many more partnerships they sign.
here I have both scenarios If i see the light I'd get in if not I am not touching it.. if you are holding be careful your lambo dream might become a bus stop.
Trade active:
Lets start looking for a reversal pattern soon.
Trade active:
I hope a lot of people got in this one :)