TRX is essentially a penny stock with a cute story for crypto. No one should be trading something like this. Cute stories = loss of money over time. All degenerate gamblers can tell you about their great stories of how they beat the casino. None will tell you about their ongoing losses.
Having said that, this chart is good for teaching charting and risk-reward. As seen in GME & other meme stocks. Here yet again awe have another topping M pattern.
People who are bamboozled to be die-hard fans based on the cute story they are sold will once again get ape raped.
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Had one more up before cratering. No one should be touching this thing.
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KABOOM! Like I said no one should be touching this.
You could argue that every crypto is a penny stock with a "cute story". A lot of us like the high risk high reward potential of alt coins and don't care. Rock and roll.
RealMacro
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@B33rM3, yes I did argue that on the first wave up for BItcoin. Clearly, it is not the same since.
In 2018 Summer I started my shorts in BTCON as I called it then. I picked the top in Dec 2017
then the bottom below $5500 for my clients. I know Everyone says that but I unlike everyone
have a time-stamped videos and facebook posts to back it up.
@RealMacro, your BTC calls notwithstanding, you seem to have a pretty clear anti-TRON axe to grind. (Bought in at the ATH, maybe? Or advised your "clients" to do so?)
Calling it "a penny stock with a cute story" smacks of ignorance at best. (Maybe you're confusing it with Doge?) TRON's team and technicals are objectively outstanding; its ecosystem is purposeful and ambitious.
It's too bad mods let these infantile rage posts masquerading as amateur TA stand. Patrons of the site would be better off without them.
RealMacro
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@wx_underground, I am not anti-anything. You are trying to pump up TRON using a fake account.
You like B33rM3, kenneths, abhi. chhabra18 all have zeros across your profile. Nuff said about
that pumper!
RealMacro
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@B33rM3, You only got the risk without reward. You should listen to those who try to help you.
abhi.chhabra18
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cant wait to explain you my cute story after this chart gets invalidated
RealMacro
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@Abhi.chhabra18, Yes GME "experts," told me the same thing.
kenneths
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@RealMacro, don't compare the stock market to the crypto market :)
RealMacro
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@kenneths, I will compare anything that trades the same.
Thank you for your suggestion.