BINANCE:TRXUSD   TRON / US Dollar (calculated by TradingView)
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TRX possibly a massive short, we have tons and tons of stops just below support. Once we tap into that, bye bye TRX .
Comment: Bye bye TRX. Smart money is now nibbling into the liquidity pool. Don´t know yet how far down TRX will go.
Comment: So much downside potential here. Still bye bye TRX.
what goes down must go up :)
welcome liquidity, healthy for crypto market. next direction is only up, up, up.
+1 Reply
The question is, why would we stop from falling under 0.025$ earlier? 0.025$ is a huge demand zone, 0.0020$ is expected in case if something bad happend to TRON itself
CryptoWhis torosyandmitry.sochi
@torosyandmitry.sochi, My hypothesis is smart money distributing. They also need to push price down to accumulate at a discount. The consolidation area created 3 points of support zone, so a lot of sell stops are there. Smart money wants to tap into these sell stops.
ThumbSkin CryptoWhis
@CryptoWhis, ..."They also need to push price down to accumalate at a discount"

Are we looking at the same coin? Appears to me TRX is at a 90% discount from its ATH.

CryptoWhis ThumbSkin
@KyleBessoni,Smart money still selling to you. They will need liquidity. We don´t have enough liquidity at the moment. If smart money buys now, they will just push prize up too fast.
ThumbSkin CryptoWhis
@CryptoWhis, interesting ok thanks
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