Today Tron is in a similar spot.
On the weekly chart:
- Tron hit a low point on the 16th August @ 259 satoshis. From this low point, if we challenge the last peak on the next wave up, we are looking at a nice 300%+ profits potentials or over 400% in total.
- As for Tron all time high, we have literally over 696% profits potential. I am already loaded on TRON for what is about to come...
Trade instructions for Alan Masters followers, readers and supporters
(1) 0.00000311 - 325
Next support: 0.00000259
Note: You can use capital management to buy in. If TRXBTC price goes down, it will find support at the level mentioned above.
Targets for Alan Masters Trades supporters
Stop loss: Close weekly below 0.00000270.
Capital allocation: 5-10%.
Time: 1-3 months.
A TIME FOR RELAXATION (CALM BEFORE THE STORM)
You can move, you can rush.
You can hurry and even go nuts.
You can jump up and down, go wild, work hard and go at it again.
But there is always a strong pause, relaxation, deep breathing, contemplation... before we hit play.
The calm before the storm is here once again.
Unfortunately, I too have now wasted my most precious asset by reading this TA as well as many others who have not only caused me great loss of my precious time on this earth, but at a tremendous financial loss as well.
This post is utter rubbish. It has no basis in reality. The fundamentals may be correct but we are not dealing in fundamentals we are dealing in facts. The fact is that tron is going nowhere and if it were to, it may take years for that to come to fruition. I believe it is more factual to say that the odds are against this coin and all of crypto and that in 1 to 3 months it will be most likely ve trading in a range of 100-400 satoshi. The facts are that crypto has been losing its base since the boom, and that it has been in a long process of defining a baseline which if you look at any chart you can easily see this is a fact. Moves are less extreme when you zoom out and look at the bigger picture, and it paints an exact picture of the direction we are headed. At some point we will hit an equilibrium and we will remain there as long as the core user base remain active and trading, which they will as those remaining are simply gambling for the most part. We will see spikes but not like we witnessed before. SEC approval will be a nice boost, but it will still achieve a baseline someplace between 0 and where we are today.
Only invest money that you can afford to lose.
Thanks for your time.
If you have doubts, don't trade or use a stop loss.
If you make a mistake, you always have the choice to go long.
If you incurred a loss, take it and move on.
Have a good day.