If it stays in the green ellipse after exiting the home planet, it would be nice to see. If it pierces it on the downside, I’m not sure yet where it drops to.
This is video 12 in this series.
In this video I go through the TRX\XRP pair which I recently discovered to see how these markets affect each other.
I am not 100% sure why these inverse correlations exist but I believe it opens the door to other inverse correlations that exist between certain Cryptos.
This pair adds further credence to the views I have on these...
TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger...
TRX has broken the median of the channel. Target upper trend line around $0.10. Also bullish MACD cross on daily.
Disclaimer: I am not a professional trade at your own risk. I'm simply sharing my thoughts on my trades.
Waiting for a break out of the wedge. I suspect we will see a strong move upwards.
Moving average and MACD looks solid for a move up as we build the foundation at current levels.
This is not financial advice.
There is no doubt, TRX has surprised even its biggest believers this last week, with an impressive breakout above the .05 cent resistance to peak in the last 24 hours at nearly .15!
No markets continue in a straight line forever, and the consolidation (or pullback) for TRX seems to have begun. The only two questions that remain are where will the bulls find...
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You should watch for any movement that deviates from the 0.12036764-0.13435448 section.
If it falls, you need to make sure you get support in the 0.11337422-0.12036764...
Thesis:
- TRXUSD has had a nice period of consolidation and continuing uptrend on the daily chart.
- It is getting a bit overextended from its daily trend averages on the daily at this point, per the breakout from the last two days which exceeds two average true range periods on the daily.
- I'm long on the breakout across the four hour and one hour timeframes.
-...
