Hey Traders so last week I had noticed Dogecoin was overbought and due for a correction.
That has now happened will the bulls still be able to take this market higher?
Also as I learn more about this new cypto market I found 2 other currencies that look undervalued Tron and Siacoin. It looks like they are also in uptrend and possibly in a position to move higher.
I am curious what the crypto community thinks of these also. Let me know if you think they are good opportunities or not.
Enjoy
Trade Well,
Clifford
(All opinions expressed are for educational purposes and this is not a recommendation to buy or sell) (Always use risk management before entering any trade) (Past performance is not guaranteed for future results)
TRX was going good along .16 and got smashed back down to .12 when things started going belly up. I still hold TRX and SC both and I like them both. TRX is great because it allows for staking inside a wallet, you don't need to do anything but delegate where you want it to stake and accept your rewards every day. SC I find to be undervalued as well but every time it gets a leg up it seems to get squashed back down. I still think as a functional token to pay for the cloud storage rental is awesome and it's way cheaper than any other cloud storage. I think it's a cool project and I can't really talk garbage on either of them.
TradeTheIndex
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Hey thanks for the feedback I really appreciate it as I am still new to crypto trading. They did look undervalued to me but I thought that unlike Dogecoin their benefit and product value was better. I read that Tron can proccess things faster than Bitcoin. Also that cloud storage can be a strong trend in the future. I will continue to hold them and in the future I think if we can break above and make new highs to buy more on pullbacks!