TRX - Downward pressure may push the price to $0.065
Hi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
In this publication i am covering a potential SHORT trade on TRXUSDT.
In my previous publication i was talking about TRX to hit $0.07 price area. That happend to be the case. But current upward pressure is coming to an end.
As price targets for this short trade i see $0.065 - $0.063 area, which is White/Aqua Lower Bband at the 1D timeframe.
If you didn't enter already you will have time to find your entry - don't be in a hurry.
However this 90M upward pressure may not be lasting long and we continue going down.
I am not getting into too much trading details yet, because i am still working on my own system. Probably i wlll reveal some techniques later if you give me enough support.
Good luck!
Bye-bye!
***
Chart Code:
Blue Bold Dotted Line - Decreasing of Selling Volume
Puprle Bold Dotted Line - Decreasing of Buying Volume
Green Bold Dotted Line - Increasing of Buying Volume
Red Bold Dotted Line - Increasing of Selling Volume
Red Dashed Lines - Downwards Reversal Momentum
Green Dashed Lines - Upwards Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
In this publication i am covering a potential SHORT trade on TRXUSDT.
In my previous publication i was talking about TRX to hit $0.07 price area. That happend to be the case. But current upward pressure is coming to an end.
As price targets for this short trade i see $0.065 - $0.063 area, which is White/Aqua Lower Bband at the 1D timeframe.
If you didn't enter already you will have time to find your entry - don't be in a hurry.
However this 90M upward pressure may not be lasting long and we continue going down.
I am not getting into too much trading details yet, because i am still working on my own system. Probably i wlll reveal some techniques later if you give me enough support.
Good luck!
Bye-bye!
***
Chart Code:
Blue Bold Dotted Line - Decreasing of Selling Volume
Puprle Bold Dotted Line - Decreasing of Buying Volume
Green Bold Dotted Line - Increasing of Buying Volume
Red Bold Dotted Line - Increasing of Selling Volume
Red Dashed Lines - Downwards Reversal Momentum
Green Dashed Lines - Upwards Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
***
Comment:
Our momentum has changed, we have another 12H wave of Upward Pressure. Try to find a short entry inside these Red Dashed lines. I recommend to wait for this 90M Upward Pressure comes to an end before entering a trade
Comment:
It also looks like we already have our correction to the White Lower on the daily. But i expect a TRICK from the market maker. So i am still leaning towards SHORT. Exspeccially while we still have downward pressure on the daily.
Comment:
I begin to build my short position. Entered a 1/3 of my position on this 90M Downward Pressure (Green EMA crossed Red RSI). Have to find another entry for 2 more parts.
Comment:
My goal is to make $1k on this trade, just to be clear with you guys. I don't make any millions just yet from this. I'll be happy enough to have that amount of money from this particular trade.
When other traders are posting their ideas - i don't believe they bet a penny to their analysis. Most of this ideas are complete trash. They must go completely broke if they do trade their ideas.
When other traders are posting their ideas - i don't believe they bet a penny to their analysis. Most of this ideas are complete trash. They must go completely broke if they do trade their ideas.
