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satoshimoto
Aug 14, 2018 5:08 AM

TRX seems like a good buy here Long

TRON / BitcoinBitfinex

Description

If you wanna buy the panic and hold, you can buy TRX. Due to BTC's decline in price TRX can continue to tank so you can buy now or wait a little longer.

Pay attention to MACD and RSI both are showing the signs of TRX being oversold here.

But do not expect to sell it right away as I expect that the bear market is far from over. If you are patient enough you can make a good amount of profit with TRX.

This is not a trading/investment advice and I am not responsible for any losses may occur from following this idea. Always do your own research.
Comments
Allec
If you look at bitcoin or each forex, there is never been a hole in trading. So bitcoin must go through the 5200-5850 zone before go higher. And if that is happening tron will go to 200-240 zone.
If you look at bitmex, the futures contracts of tron will end 28 sep. After 28 sep we are bullish. if bitcoin will go up, it's a trap.

Hans
satoshimoto
@Allec, Thanks for your comment Hans.

I totally agree with you, I expect Bitcoin test the support at 5200-5850 before going up and many altcoins will dump with Bitcoin. But, I believe it will be a great buying opportunity for us traders.
Vishumsw
Has the bull run started or is it going to plunge again? Any ideas, it’s sitting on 0.00000320 (:
satoshimoto
@Vishumsw, I don't think that the bull run started yet. We still have some weeks/months to go.
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