This is just an update about TRXBTC and my view about it.
Here we've got a major growth channel (yellow lines) and a minor decay channel (white lines) - the thing is: we are inside both. I've applied fan lines where its channel lines origin (zoom out and you can see it) to see the speedlines. That's how it goes: if the 1/2 uptrend fan speedline have been broken, it'll go up, if the 1/1 uptrend fan speedline have been broken, down we'll go. Same logic to the downtrend fan speedlines.
Interesting enough, both 1/2 and 2/1 couldn't be broke in this downtrend (it broke the 1/2 in the uptrend but it has stopped at the 1/3!). Right now here going towards the 1/1 speedline and at this rate we'll reach it @ 540 satoshis so set your stop-loss there.
If it bounces, we'll retest the 2/1 speedline. If it doesn't... well, I don't need to say it :(
Hard times these days. Trade safe!
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Right on track!
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This blue polygon is your ruler - if it breaks down, say goodbye... if it doesn't, boom.
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Not a lot of movement this past day.. preparing for something?
@MoneyRight, thanks! I actually do this to keep track of progress with TA. happy to help few that read it!
dheckert77
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Hi,
I like your TA a lot. But now TRX dropped out of your groth channel.
What do you accpect? Where should we set up the stopp loss at 540?
krobolin
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@dheckert77, I'll update it tomorrow mate :) My guess is that it will keep going down.
jroderick888
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Tron Dogs game is coming out this week....they released chinese version but english version has pushed to later in the week. its the first game on the Tron chain.