This is the the TRON chart which looks really alike with the pervious chart I posted about the Bittorent. With my point of view they are following the same patterns and since both of them are on strong weekly/daily downtrend there is huge buying opportunity ahead of us at the bottom of valleys.
Note: I'm just a beginner here to document my learnings and share...
What do you think is the proper entry for BitTorrent since it is on a strong downtrend? The bottom of this valley could be critical for Bittorrent and it has a great chance to be respected by a lot of traders.
share your thoughts.
I'm only a beginner trying to learn so keep it cool if you you are a badass in this market!
I've been looking for good entries on THETABTC. I personally think the bottom of valley could be the possible accumulation zone and the possible distribution target of its high of the candle (high of the swing low) but I'm too of a beginner to make clear decisions.
What do you think is the possible buy and sell targets? Share your thoughts.
