TRX Going Down

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.

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. =)

Related Ideas


Thanks for your idea and sharing. I just want to remind you that we are still on trend line and around 0.382 level of correction. If we broke that trend line i am afraid we'll be waiting for lower levels as you mentioned.

Have a nice trade!
keifer glnkty
@glnkty, Cheers
keifer glnkty
@glnkty, Looks like my TA played out.
glnkty keifer
@keifer, exactly boss. very clear view and warning. Stopped out and accumulated more.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out