Do not consider any chart as an investment advice.
. TRX is correcting it slowly. Probably we are in wave C of wave D of our ascending triangle. Let's hope to finish this correction and observe what awaits us. . Use the map to see Elliot's waves. Any tip I have will listen with all respect.
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This idea is still valid since the channel can hold as support. Keep calm.
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Honestly we now have two possible paths. And those two ideas I shared. At least for me. We have to watch channel support. He who had decided which map we should look at next week. Good trade to all!
Trade active
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Waiting for movements!
Trade closed manually
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I'll close this idea and below is an update. I will not write again in this post.
This will happen only if 1D and 1 W collapse. Others I mean 4H and lower are super cooled. So now is interesting if move of indicators 4H & lower will move price with impact. Or not.
eduardokaykedasilva
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@damdamm,
Well, now I'm sold. I only buy it if I go back to 375 satoshis or fall over. You talked about the DGB in the other post. I really like DGB too. In my opinion the DGB should be in the top 10.
Yes DGB deserves to shoot into significantly higher levels in my opinion.
eduardokaykedasilva
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@damdamm,
No, it leaves at 358. I wrote wrong, 375. I would go back near the 385 or 400 resistance.
I can not really trust that channel. In fact my fear is because of the BTC, so I dialed the stop near the channel. And also because it was a resistance. I feel safer getting off a little and waiting for the market to move. If I fall I will get an environment of 10% up to 15% more in TRX. if at least I did not miss BTC. My biggest goal with ALTS is to increase the amount of BTC. I do not know what your goal is. But whoever enters to increase amounts of BTC always has to watch out for falls. And that support makes me a little worried. What are your strategies with Altcoins?
damdamm
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@eduardokaykedasilva, exactly the same :) The bigger amount of TRX = the bigger amount of BTC when TRX against BTC moon ;)
I don't know if understood well. You sold TRX on 358 ? And get back if go up 385-400 ?
eduardokaykedasilva
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@damdamm,
Yeah, I sold it in 358. There's a graphic of me talking about that stop. I'll only repurchase if it reaches up to about 385 or 400 satoshis. Well, I think it will go up higher. Of course, I will repurchase at the end of the correction if it happens.
In reality the purpose of each is different. I live by trade. This is my job today. So I have to keep my capital. I can not afford to hold. Of course, I raise my capital with the gains and buy one or the other currency to hold. But overall I have to keep trying to get something out of it for months.
eduardokaykedasilva
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@damdamm, We still have a chance for channel support to hold and the TRX will come back up! If the TRX passes the 400 satoshis point then no one holds. There may even be an escape from the triangle I imagine!
eduardokaykedasilva
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@damdamm,
I noticed that DGB is costing 358 satoshis in criptopia and 400 satoshis in huobi. lol is a huge difference.
damdamm
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@eduardokaykedasilva, DGB crowded on huobi :) ? Let's keep thumbs that huobi play pionier role here ;)
Kuan-Yin
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Hi, what indicator are you using for pivots? Or are those all manual?
Thanks