TRX bounced off the 3/1 line and looking to get back above the 2/1 line. If it gets up and stays over that 2/1 line for a few cycles, it may be the time to get back in. if you just sold all your ripple and looking for a solid coin to hold, wait to see if it bounces back down and get in if it bounces of the 3/1 line again.
On the tools menu there is a thing that looks like a fork. Click that and find fib speed resistance tool. Want the bottom line to correspond with a low and top line to correspond to a high point.
budw1ser
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Hey, I'm guessing your view on this has changed??
I've a fair bit of Tron and am in two minds of whether I should hodl or not......lot of FUD going on :(
themoosenomics
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@budw1ser, yeah. I think it is worth holding long term. I have a low ask in now in case it continues to go down. Tron in early stages of development.
budw1ser
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@themoosenomics, Hmmmm ya.....I think I'm going to hold long term.......its very early in development and hence I understand the FUD to an extent.
Thanks for the advice! I just need to stop looking at it for a couple of weeks I think!!
obsidian791
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And it did. Good call.
JeroenVandeVondel
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Interesting analysis, how do you draw these lines? Thanks.
themoosenomics
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@JeroenVandeVondel, On the tools menu there is a thing that looks like a fork. Click that and find fib speed resistance tool. Want the bottom line to correspond with a low and top line to correspond to a high point.