BINANCE:TRXBTC   TRON / Bitcoin
TRX could go both ways, because the lower line can be interpreted as an horizontal support.
The count says "bearish" but the pattern answers "bullish".
Only whales know..
Be carefull.
The white box must be crossed to be really sure, as many up/down traps have been already played.
May 11
Trade active: Now it will go hit 789 before the drop to 700.
My order is at 688 but 700 could be safer.
After that guys, it will run !
BUT prepare for the Mainet on the 31th of may, usually traders make the price to drop hardly on such events. I will sell it all between the 25th and the 30th.
May 11
Comment: "it will"...
It could LIKELY do that i mean.
May 11
Comment: 800 is the older Fibonnacci sister of 789. Let see if this one is the right one.
looks great analysis good
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Look again. Tron already broke its symmetrical triangle to the downside when it also broke the 100 4hr MA. The descending triangle is not valid. The only thing holding the price up is the 20 Day MA, once that is broken its down to the .5 fib level at least with a bearish MACD on the daily
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@imdouce, I hope so..
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imdouce gabriel.ingeson
@gabriel.ingeson, me too :)
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@imdouce, This has been very tricky lately. Even if i noticed what you mentionned i'm very mistrustful.
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imdouce gabriel.ingeson
@gabriel.ingeson, when in doubt I go to the higher timeframes. The 2-day and 4-day charts don't look good for Tron
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@imdouce, You're perfectly right about the MAs. Thanks for the advice.
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