Bitcoin has been dropping hard for the past days. We can see a major market correction. TRX has hold its ground around the 500 sat fib retracement. We can say that TRX has corrected during its last run. We have a clear bottom here at 450-500 sat and we can expect a new bulls run to start. RSI was oversold and is reversing. MACD shows weak signs in both bulls and bears. So there is a lot of potentional for this trade.
So let's get straight to the trade,
BUY 382-550
SELL 1026 1264 1603 2034 open target
STOP LOSS 375
So this trade is active and we wait. We wait patiently and we don't panic. That's how you trade. A strategy which we can use.
@BradF5, Hi, I'm fine. Holding alts that dropped hard and bought some alts low which is doing great. would love to see btc eventually go back to new highs to haha!
Nitinnishant
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It cannot seem to cross 570 mark for some reason. Maybe the volume isn't enough. Do you expect it to go above 600 soon?