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Time ticking bomb...
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Just to warn you... IF that will be, support level shown on chart below:
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Im not saying that targets is impossible to reach... Just targets will be achieved later...
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Calm down, we have to be patient, H&S pattern didn't confirmed
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yet...
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1000 Proving that this is good support.Price trying to break it 3 times, and now going to test it for the 4th. Lets wait for further price movement:
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WAKE UP Trader!
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Breakout from triangle! Short Term Target 1: 1650
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Trading strategy for TRON: We need to break few resistances: 1470, 1720, 2060 - use them as a targets. Now price near support line, check the chart:
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Please check my last update;)
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TRX main Uptrend Support line is not broken, we have short period of consolidation. I'm working on new update
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FRESH UPDATE, new chart!! TRON [TRXBTC] Digital Extasy:
Guys, stop panicking ffs! This is just the natural progression of the markets, this is what happens, in a few days/weeks, it'll go back up again, currency exchanges are simply tools for the patient to take money off the impatient. I'm $5000 in at 1744, I know i've screwed up pretty badly, but at least now I can have a break from Crypto for a while and just wait until I can get my investment back without a loss. It may take days, weeks or months, but eventually it'll go back up, in the meantime, I'll trade penny stocks with a few hundred $$ over at bittrex.
@skarez, Yeah mate, People just FUD over some news and then Panic sell, and then lose their money. What they fail to realise is that they need to wait for the market to get back up. Every Bear cycle is followed by a Bull cycle, sooner or later. Patience is the key. Just see the case of XVG, SC, DGB, RDD...They all got pumped and dumped pretty badly due to Mcafe pump and dump. But now they are back up and have gained so so much. We just need to wait. Weak hands never make profit. Don't Panic. Good luck everyone.
@skarez, I am nearly the same position with you, I am $4000 in at 1280, waiting for 2000. maybe today, maybe next week, maybe next month :)
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This rumor with evidence is starting to gain traction... it's bad if it's true. Thoughts? I sold everything at 1100 sat, was going to buy back in with 30% since I've already made a ton of profit, but now I'm not sure.
The flipside to this is that there was a 15% private presale, and 6 billion tron is around 10% of the total number of coins. Maybe this private presale was a gift from Justin to Jack Ma, in exchange for a partnership with Alibaba? In which case, it could also be very bullish.
There are questions though. The wallet was used as a test wallet before the ICO. Why would this private investor get the test wallet? Doesn't really make sense.
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Screw it, just bought back that 30% in with ETH, road ETH from $950 to $1000 after selling TRX, so why not. Apparently Justin's Mandarin language video update was far better received than the English one. Probably still will be pumped into next week.