#TRX Yo bears!! if you think you want get mine trx, think again!
Yo bears! you want get mine trx, becouse i hodl and take from you!
This is what I see: We are in a falling wegde like i called earlier today on the discord channel, but it is a bit bigger then first called.
The support lines I have drawn earlier have been very good and for those of you who accumulated more here trx, have done some good trades in the downturn since 1010sat
But i still se some warning signs on the charts now, if we look at the macd
on 4 hours its looks like we still will have more pressure from bears.
if we look at the 30min charts, its done with the sell of for this moment and want to go up again ( fighting old resistance again now atm ) www.tradingview.com/x/4H7GZa3r/we now have to follow trx closly the next hours to se where it will go from here. But im still hodl mine, aslong we are inside the big triangle im hodl. But if it show signs that we will fall below the median in the forkpitch channel, i might sell out. But since it its the trendline from may, dont sell of immediately when I expect STRONG support around there so we can look closer if i want to sell or expect a boost from there!
What i try to read out of the volum indicatores on macd with some fundamental analyse:
That its clearly less people selling trx now on this trend.
I think it's only the day traders are thoose who are selling now, before we've been familiar with this "buy the hype & sell the news" thing. But, realy, I do not think this will affect the belive in trx or anything special. We must not forget how much faith it is in trx and how far they have already come, if the main net now turns out to be a success, there is only one way from here and it points upwards.
I ask myself? Do I really think that there are someone other than the day traders are selling now? No, I do not think so. I think there is a lot of money coming into tron at the moment and this is money aims longer than just a hype on trx. We have to look at the partner network tron have, we can already understand how big it will be and the deal with v-sports does not make it any smaller of that reason :).
What do you belive?
Remember, I can take and have as much mistakes as everyone else.
-My mission is to help as many as possible to take better choises with their money and trades. Gladly join the (NEW) Discord Community CryptoNo Vikings \ news, charts and basic TA ( More to come ) for those who wish to learn more, you are welcome. :) discord.gg/zy5mApx
This is what I see: We are in a falling wegde like i called earlier today on the discord channel, but it is a bit bigger then first called.
The support lines I have drawn earlier have been very good and for those of you who accumulated more here trx, have done some good trades in the downturn since 1010sat
But i still se some warning signs on the charts now, if we look at the macd
if we look at the 30min charts, its done with the sell of for this moment and want to go up again ( fighting old resistance again now atm ) www.tradingview.com/x/4H7GZa3r/we now have to follow trx closly the next hours to se where it will go from here. But im still hodl mine, aslong we are inside the big triangle im hodl. But if it show signs that we will fall below the median in the forkpitch channel, i might sell out. But since it its the trendline from may, dont sell of immediately when I expect STRONG support around there so we can look closer if i want to sell or expect a boost from there!
What i try to read out of the volum indicatores on macd with some fundamental analyse:
That its clearly less people selling trx now on this trend.
I think it's only the day traders are thoose who are selling now, before we've been familiar with this "buy the hype & sell the news" thing. But, realy, I do not think this will affect the belive in trx or anything special. We must not forget how much faith it is in trx and how far they have already come, if the main net now turns out to be a success, there is only one way from here and it points upwards.
I ask myself? Do I really think that there are someone other than the day traders are selling now? No, I do not think so. I think there is a lot of money coming into tron at the moment and this is money aims longer than just a hype on trx. We have to look at the partner network tron have, we can already understand how big it will be and the deal with v-sports does not make it any smaller of that reason :).
What do you belive?
Remember, I can take and have as much mistakes as everyone else.
-My mission is to help as many as possible to take better choises with their money and trades. Gladly join the (NEW) Discord Community CryptoNo Vikings \ news, charts and basic TA ( More to come ) for those who wish to learn more, you are welcome. :) discord.gg/zy5mApx
Trade active:
We did touch the median in the forkpitch, but since the next candel is green on 30min chart i will now watch it closly, if we fall out of the big triangle im might be selling myself out. Since my entry was 844 here, will i take profit and leave trx intil we know where it ends.
We did touch the median in the forkpitch, but since the next candel is green on 30min chart i will now watch it closly, if we fall out of the big triangle im might be selling myself out. Since my entry was 844 here, will i take profit and leave trx intil we know where it ends.
Trade active:
if we not find support here im selling out for this time with small profits from my entry 844.
Comment:
Trade active:
My stoploss got trigged on 859 with small % profits when i was on work. so im out of trx for now, looking for a new entry atm!
RSI showing that we are oversold on 4hours, we did touch the fibline 61:80 on this channel fib. Then we got a green candel so i expect us to try pushing up for a small time frame.
Im looking after a new entry
RSI showing that we are oversold on 4hours, we did touch the fibline 61:80 on this channel fib. Then we got a green candel so i expect us to try pushing up for a small time frame.
Im looking after a new entry
Trade active:
I will but my buy in at 775 - 770 where the white trendline is
Comment:
Trade active:
Rsi chart, clearly oversold! it have to find support soon. I will put a 50% order here and the rest 50 % on some places around 770-790. I think buy around 770 - 800 should be a good buy if we can trust in rsi, we are clearly oversold at this point and should soon retur for more upwards trend again.
Order cancelled:
i sold on 820 so now looking for a new entry point.