I'm more a of a trx guy but dont get me wrong, i like money. and xvg is about to make some people some money. Strictly for educational purposes, this chart is showing strong bullish signals.
-possible cup and handle
-possible larger cup and handle
-trading under the 100 ma but using the 50 ema as support
-nearing a descending wedge making up the handle....
I'm more a of a trx guy but dont get me wrong, i like money. and xvg is about to make some people some money. Strictly for educational purposes, this chart is showing strong bullish signals.
-possible cup and handle
-possible larger cup and handle
-trading under the 100 ma but using the 50 ema as support
-nearing a descending wedge making up the handle....
"It's a pump and dump!" "Its a cup and handle!" "It's going down to 400!" "Its going up to 900!" "The whales manipulate it too much!" "It's a sh*! coin with no real world value!"
Who do we believe? The charts.. the charts never lie. This is a basic chart as I'm short on time but here are the basics.
No it wasn't a pump and dump. Yes its most likely a cup and...
in the battle between xvg and trx, xvg took a giant step foreward today.. dont be surprised to see a correction and those sellers to put their money back into trx. Tron is nearing a downtrend wedge and the rsi and macd are both threatening to reverse on the 1 hr chart. Major support at 465 and resistance at 485. More resistance at 505, 600, 625, 700.
After the...
After a long last 2.5 months, tron has finally crept out of hibernation. For all of those out there spreading FUD pretending to know everything about alt coins and the market, please shut up. The whole market is crashing and all I've heard for almost 3 months is about how a coin with no real world product can't hold up to the correction. Well these people have no...
Tron is testing the top and bottom trend lines. Notice how on the MACD it looks bearish right now, so before entering into tron for a short term trade, I'd wait until it reverses. Also be careful of the resistance lines I have in Blue. Once these are broken the price could soar with the test beta coming out in 5 days. Once the price retests the top of the...
