The indicators for TRX on the daily chart are still looking promising. The hourly charts - not so much.
If TRX - is an overinflated bubble - we may expect a pessimistic scenario (here is in red)
If TRX - is a promising project with a great potential - we have an optimistic scenario (here is in aquamarine color)
Let's see what scenario will win.
If TRX - is an overinflated bubble - we may expect a pessimistic scenario (here is in red)
If TRX - is a promising project with a great potential - we have an optimistic scenario (here is in aquamarine color)
Let's see what scenario will win.
Note
We are in a critical zone now, where a break down at the (C) support would confirm a negative trend.Note
Establishing a very strong support at 0.236 Fib level (0.000006 sat)Note
Tron listing on Huobi:twitter.com/huobi_pro/status/957880278059397120
Trade closed manually
Unfortunately, the pessimistic scenario played out. I am manually closing this trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.