dowdall

$TRX - MAIN NET LAUNCH

BITFINEX:TRXBTC   TRON / Bitcoin
This launch has been hyped up for sometime now and most of the bears have shaken out the weak hands. But as we're seeing with $BTC there is still a lot of new comers to trading because of crypto and there is still a few more to be shaken out. There is no better hype than a main net launch. Newcomers see Tron gathering momentum up 5% rise within less than half an hour before the launch and they start over thinking.. "wait what $TRX was at 0.00000820 sats, now 840?", "Now it's at 850 already, I'm buying at 860" then at 0.00000865 "OMG is Tron mooning?". Then it all collapses right before them and crashes (down nearly 13%) to 0.00000769 sats. This leaves them stuck or a loss forcing them to sell to the bears because it is not reaching the target of 0.00000865 sats anytime soon.

$TRX was just outside my target of 0.00000750. But after the main net launch nothing has changed it has only gotten closer. Downward trend with 760 being support if it fails us we go lower. Check RELATED IDEAS.

This is not trading advice. I use this for education purpose and for fun. Constructive criticism is always welcome


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