🎢TRX: what heppened after HUGE pump? Should I open a LONG?
Updated
Hi friends! Tron has been the gainer of recent weeks. As you can see on the volume indicator that someone was selling off a lot at this time.
Let's mark the global zones:
🔶 0.076-0.079 local price support
🔶 0.090-0.093 local price zone
🔶 0.097-0.105 global zone of value
These zones can be identified with the horizontal volumes indicator. You can read how to use them in this educational idea.
The liquidity collection above the local high of $0.09 and the value zone helped the big player sell more coins to traders who bought on the breakout of the local level.
✅Was it worth buying there? The trendline, local highs, and value zone as one resistance. Probably not the best time to buy.
✅When can we open a trade? I will wait for the big liquidations that can be seen on the volume indicator and the squeeze under the trend line.
🏁Also, you have to wait for Bitcoin to gain the strength. When should I expect to open a long? I recorded a video for you with a possible scenario for Bitcoin. Check it out to be prepared and buy the alts in time!
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Let's mark the global zones:
🔶 0.076-0.079 local price support
🔶 0.090-0.093 local price zone
🔶 0.097-0.105 global zone of value
These zones can be identified with the horizontal volumes indicator. You can read how to use them in this educational idea.
The liquidity collection above the local high of $0.09 and the value zone helped the big player sell more coins to traders who bought on the breakout of the local level.
✅Was it worth buying there? The trendline, local highs, and value zone as one resistance. Probably not the best time to buy.
✅When can we open a trade? I will wait for the big liquidations that can be seen on the volume indicator and the squeeze under the trend line.
🏁Also, you have to wait for Bitcoin to gain the strength. When should I expect to open a long? I recorded a video for you with a possible scenario for Bitcoin. Check it out to be prepared and buy the alts in time!
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Note
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