gsoop

TRX continued analysis

Long
BINANCE:TRXBTC   TRON / Bitcoin
Simple lines is all I use

Comments

Where would you suggest re-entry? 1000 Sats region
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@ds9, to be honest, the re-entry train has left. i had a buy order for over night that didn't get filled for some reason.

if you're looking to hold long term (as in 6mon-1year) than yeah 1000 sats is a decent entry, but at the 800-900 would be ideal, IF we see a pullback that far.
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ds9 gsoop
@gsoop, Don't you think 2000 sats will be hit next week with more good press and money flow?
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@ds9, go watch Justins twitter live feed if it's still available to watch, in my eyes it was very disappointing as to what was revealed, which i think explains this recent pull back. 2000 sats by next week? i would love to see that but until i hear anything major or promising i'm thinking we're going to be ranging for the next little while. money flow is not an issue with this coin at the moment, and good press is good for any coin

just my opinion which is more technical based than fundamental.
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ds9 gsoop
@gsoop, Fair points... I agree for the most part too
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@ds9, just keep in mind how long BTC took to blow up, this is a loooooong term investment, once this hits over a dollar i'll probably stop looking at it and store TRX on an offline storage, til than i'll be in and out =D
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dlchira gsoop
@gsoop, seems there's widespread confusion over the intent of the livestream, which led to quite a lot of selling for questionable reasons. The major partnership announcement is (and has always been) scheduled for next week.
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gsoop dlchira
@dlchira, dont get me wrong that's where this industry has been going towards since many years ago when trading was made available to retailers like us. especially with how fast social media can spread news both good or bad and real or fake it's created a lot more volatility in the markets.

there is a wonderful outlook for this coin and even if it reaches 1% of what bitcoin has reached, i'll be more than satisfied
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dlchira gsoop
@gsoop, agreed, I'm expecting big things out of this coin over the long term. If it breaks $1 in 2018 I'll be quite happy. If it ever reaches 1% of BTC's 6 Jan 2018 daily high, I'll get Justin Sun's Twitter pic tattooed on my arm. ;-)
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gsoop dlchira
@dlchira, haha definitely
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