Although TRX gained important ground today to reassure us how strong this coin is, we are not out of the ditch yet. The rally today was a very important move to initiate an upper trend but we are still below our support target of around 760. we broke even though we reached that price, we couldn't maintain it. In order to see an ascending chanel, we need to stay above 650 and create support there.
At this point we are in danger of creating a double top and a reversal towards the 500s again.
Still think the best entry price is 750s on the way up and sell it at 900s and rebuy it at 750s again. If it stays above 900 keep it.
Trade active
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TRX moving well along the entry channel. 675 is a good price entry just a little weary. I will add mine at 700 once the small time frame charts confirm a more stable price movement.
Major resistance around 750-775 (could retrace to previous price levels of 600s) targets 1. 950 2. 1100
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TRX new support is 675-690. ASSUMING CORRECTION IS DONE. good luck yall
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To reach our 950 target we need to stay above 770 resistance. Almost there!!!
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still room for more. Going through small correction
MY First sell target was reached at 935 1-18-18 around 6pm CT. Now I am waiting to rebuy it in the upper 600s. Second wave is coming and a chart update too. ;)
TRX holding support pretty well although indicators show some rough times ahead but with Justin Sun announcement coming out, we will see some sudden changes. More updates will come as price develops :)
Enough of BTC, let's see what TRX is doing. So here is the possible breakdown. Although we are still looking to get down to the 500s levels, TRX had a breakout earlier and has maintained its horizontal movement. We could be looking at a "Kilroy" reversal but we must first stay above 500s, break first resistance at 750s then break second resistance at 900s. take some profit at 900s as we did before :) Sorry for the sloppy lines, this is only a preliminary study.
looking like "possible but unlikely" scenario about to happen...? ABCDE
Ecua_Trader
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@userbeauty, Im hoping for that. but I also have to give you the bad news too. you can decide on your own if you enter or not. The best way to trade is when you do it on your own base on information provided. Simply saying, btc was bearish before today and by crossing the 50 RSI mark, we made huge gains. Now we just need to stay there. if price will go horizontal that is great thing too. We just dont want it bearish. lol
sociopath
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@ChartsOnTime, i recommend everyone to view my previous TRON chart and see the comments that were made by your @ChartsOnTime
Ecua_Trader
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@sociopath, please go and look. And I have to apologize for losing my cool at some points of the conversation. The difference is simple though. My charts tell you where it could possibly go so you are not stuck with a dead coin for months. He is a good TA, but he didn’t make my fallowing list. I have a chat group where I try to teach what I know, and I learn from people who has more than me. If anyone wants to come to the crazy chat message me as it is a very small group of people who are crazy just as I am.by the way I’m selling trx at 950 to rebuy it cheaper 50% of it then will sell all st 1100 if it gets there. Good luck everyone. ;)
Ecua_Trader
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@userbeauty, well entered trx because you read the chart better than me lol
for more charts like mine and live second by second updates please contact me:D. and told you it was a pump sir.
Ecua_Trader
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@sociopath, I was just told by one of my followers you are charging $250 a month for charts. Hahahaha. No wonder you got upset with me that my stats looks way better than your. It’s ok man, I won’t charge people for my charts. I will teach them to make their own, and it will be for free. Lol. God bless your greed haha
sociopath
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@ChartsOnTime, I charge a lot more than $250
sociopath
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@ChartsOnTime, and its not just one signal, its multiple;0