Hey guys here we see this pattern once again happening the top trend line is really of no meaning unless we bounce down. I'm led to believe we probably will head down because we see a wedge forming at the top of a run up which led to a massive correction last time. But do no fear I believe a massive wedge is forming giving time for the TRX team to grow their project and allow for a real run up and not something completely FOMO led. Good luck all :)
first there is a god bouncing area on 960 collect more before another pump...second there is a good support at 760 and more important is 4 weeks to main net dont think they want to loose the trade mark of 0.1 before entering main net so to me correction in order to load for next pump to keep value until main net...IMO
@joseangel88, I really don't think TRX is due for it's explosion just yet, the coin is completely over hyped and I think people are getting tired of no results. IMO we won't see a massive explosion till after the end of the correction if the main net is a success. :)
joseangel88
⋅
@Markapello, yes it is a bit frustrating to see those massive dump but i will not blame it on lack of results.. main net still as schedule and test net was a success only massive whales playing the coin and sentiment to make profit, this trx is younger people community outside whales an panic when see his 1 k liquidated to 800 in 5 min and sell still will hodl until main net and evaluate
joseangel88
⋅
@Markapello, also if you check outstanding performers like eos or ada xlm also did massive dumped and eos don even recovered yet