Do not consider any chart as an investment advice! Waiting anxiously!
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I decided to change the idea because I found some interesting things! . Notice that I left a big black line next to the green box. This line is the body of the ascending triangle that is below. . I also chose to choose the area of 600 satoshis because of the fibonacci and because of the resistence. Both are very close. Including the black line of the triangle. . As for the waves of Elliot I believe; or we end the wave C up or we end the wave 4. It also has the possibility of being the beginning of wave 3. The tron is giving way to many alternatives lately. lol
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For this idea to sustain we should break 429 satoshis and not fall below 358. If we fall we will be doing a C wave as predicted in other charts!
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Graphic is not divination, an idea can have several things inside! I learned this recently. And it has been helping me get better. So we must observe points of exit and entrance!
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This situation is very good to buy TRX. Stop is very short and the target is far away. That's a gain of approximately 70% for a 7% loss. But the choice is yours and the money too, choose with caution!
There's a graphic of you from a long time ago that got me into DGB. Too bad I was a lousy trader at the time. I ended up holding everything and returning it to the market. so today I only enter with targets marked to stop! So this idea I made of TRX is good! This situation is very good to buy TRX. Stop is very short and the target is far away. That's a gain of approximately 70% for a 7% loss. But the choice is yours and the money too, choose with caution!
eduardokaykedasilva
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@eduardokaykedasilva, @damdamm Of course, as the value goes up we are going up the stop loss. That makes it only gain from a certain point!
If you look at my old graphics you will see that it has had an incredible evolution. I'm astonished! But I still have a lot to learn. And I will continue learning!
@eduardokaykedasilva, Nice to know that this idea was entry point for your DGB journey. It was very profitable trade. But also very tricky in the end. So your approach is smart. According TRX I agree it is strategic play and proper risk managment is a must By the way on DGB idea it is great that we broke up from this triangle.