TRON Trading Opportunity, Increase your position before launch
Signals:
TRX/BTC showing signs of strength, high volume on top 5 exchanges.
RSI nearing 70
Stoch RSI tapering off
What you should do
Risky: Sell under the 0.786 retrace, or at 452 satoshis, and buy back in at support of around 390 satoshis
Safe: Sell at resistance of 403, at 0.5 retrace, buy back in at support of 390 satoshis.
Alernative: Ride the wave and sell during or after test-net pump at 514 sat target.
Reasoning:
This gamble can likely increase your TRX position by around 10% while you wait for the test-net pump
Please criticize me so I can improve my technical analysis. Thank you
TRX/BTC showing signs of strength, high volume on top 5 exchanges.
RSI nearing 70
Stoch RSI tapering off
What you should do
Risky: Sell under the 0.786 retrace, or at 452 satoshis, and buy back in at support of around 390 satoshis
Safe: Sell at resistance of 403, at 0.5 retrace, buy back in at support of 390 satoshis.
Alernative: Ride the wave and sell during or after test-net pump at 514 sat target.
Reasoning:
This gamble can likely increase your TRX position by around 10% while you wait for the test-net pump
Please criticize me so I can improve my technical analysis. Thank you
Note
This idea did pan out for the first few days as expected, however in a much shorter time than expected. TRX is looking to be one of the fast movers, next TA's will learn from this.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.