I will build a strategy already from the exit from the range indicated on the chat
According to cluster analysis, sales have prevailed over the past three days. Was it profit taking or a short set?
Think for yourself? and share your opinion
Looking like a sign of a small bounce on TRX. Although any FUD from that region of the world could make it interesting. Be careful though. Dominance not low enough but TRX has suffered the most losses.
TRX has always had life in it even when Bitcoin would pump but every since the issues in China with Justin Sun, it appear it has only been a one way downwards with the bears.
There used to always be some marketing trick up the sleeve of the founder. But has that fizzled out.
Keep accumulating TRX this zone because TRX will move so fast. Justin Sun smells this time is not good time to push up, so he delayed his lunch to July 27, that's the begining time for next rally. Hold tight!
Stoploss : Under 230
Daily to go with hourly analysis. Please refer to 4H frame related idea!
Thank you for follow! As always trade with risk manage and I hope you enjoy this idea! Please like and comment any thoughts :) !
There are so many altcoins that are bottoming out on their previous lows.
What we see right now are Double Bottoms or bottoming out on the Market Structure that acted as a rebounce area many times in the past.
We see that type of structure on almost nearly all Altcoins right now.
So what do you think will happen?
If I had to take a guess then...