Hello Friends,
Sorry been a long time since my last chart...been busy working for a living :P
Anyways, was going to buy some TRX but then noticed this. As you can see on the chart the pattern appears to be bearish and if you look at the weekly RSI and MACD it doesn't look good.
If your going to invest in this one be careful and set up your stop loss. I myself am going to wait it out and see what is going to happen.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Sorry been a long time since my last chart...been busy working for a living :P
Anyways, was going to buy some TRX but then noticed this. As you can see on the chart the pattern appears to be bearish and if you look at the weekly RSI and MACD it doesn't look good.
If your going to invest in this one be careful and set up your stop loss. I myself am going to wait it out and see what is going to happen.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Comment:
TRX is still heading towards expected target. I suspect a few weeks or less.
Comment:
Love it when TA works out just as planned. =)
