After a huge climb. Tron suffered from the over extended climb. If you are new to the market and panic due to this. You will come to learn quickly that every huge run will result with a huge fall. This is why you never buy when something is at an all time high. Unless you are in and out within 5-10 mins. What you do is wait for a 60-80% correction on crypto before buying again for the long hold. This happens almost every time since last year. I am looking to buy trx at this point, right on support before the big run up. We will see some sort of move here, almost guaranteed. Check previous Tron posts. Linked below. What are your thoughts?
@Nidhal, The whole market is down right now. Which is good if you like buying things for cheap. I would look to buy TRX now and avg it as it goes lower. It can go to 220.
Littlendo
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Looks like we touched down sub-500 sats. What are your thoughts on current activity?
AbdorhmanThi
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@Littlendo, The whole market is down right now. Which is good if you like buying things for cheap. I would look to buy TRX now and avg it as it goes lower. It can go to 220.
skiner
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ti sovsem eban'ko? tebe eto prisnilos'?
UnknownUnicorn1617221
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I see the RSI, decreasing selling volume and think that it is done with the sell off. Of course no one can predict the future entirely! Thanks for the analysis.
AbdorhmanThi
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@friskylizard, RSI on the hour looks like it. But on the Daily, it has room to go. It will take a few days before it gets to E. Based on current structure, it might get slight pump up (5%) and recontinue to the downside for E.