TRX still in bearish side. This could change at any moment but has been bearish for the last couple of weeks. Most time RSI under 50 and failing to stay above.
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Still a bad trade. Dont enter. Signals dont look any better
Bình luận
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Could it be we are at the end of the FIB retracement. Mid 500s is the next FIB retracement and a possible recovery. If this isn't the end then we will hit bottom. Still a bad trade. DO NOT ENTER.
Fairly sure whales are REALLY playing with TRX atm, many chart signals are getting thrown off. They are suppressing the price which enables them to pick up TRX at a bargain price when people start to panic sell. IMO of course.
TheGush
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Could change but probably won’t. This coin is doomed. We’re at 9¢ now. I bought this garbage at 20¢. Trying to decide if I should cut now at a more than 50% loss before it gets worse or risk becoming a bag holder trying to recoup my money. Hmm...
@TheGush, I'm in a similar boat. I'm holding out hope that Tronix/Justin Sun will show some tangible good news in the coming days. I do feel a bit worried about it. But it has only been a little over a week...
@ChartsOnTime The Stoch RSI showing there is still some room to fall. Hoping this last support range can hold.
Ecua_Trader
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@davidlink, I will do a full analysis of tron to really try to understand where it is going. Most just look at the recent events, I will go full range. I am right now breaking even so I still have interest in this coin
KinkoHyoTrading
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@davidlink, If u didn't sell at top, just hold, it is too late now. It hit its major resistance on fibo at 6800 TRXETH, so just be patient too days and it will come back to normal. Dont forget, their multi language site will be on the 18th. And at the end of the month they will announce their association with the space company.... They have a lot of plans so do not worry. The Most important thing now is to learn something from this. Next time when YOU are happy with a certain % of profit. Get 75% out of it. if it still moves up(it will get back down again) but your 25% will continue to climb. And your profits, you can invest them somewhere else.
Learn something from all of this guys, it is the most important thing. For My part, I tought the resistance will hold at 8700, so I bought it there. But I didn't put it out 'cause I knew the next support was close. Good Luck!
MetLee
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@TheGush, dont call it garbage just because you bought to high and expected to much. Do you even know what you were buying into? Anyways cut your losses freely now and you’ll cry hard later.
Metza
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@TheGush, Just hold dude, it cannot go that more down wait a cupples of weeks it will get better.
TheGush
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@Metza, thankfully I bought into TRX early, at 3¢- which hedges the losses I incurred from buying more at 20¢. Luckily, at a mere 6¢, I’m still $80 up on my money. So @MetLee - I’m not cutting any losses, because I don’t have any. I’m holding this coin and hoping it goes up again. I’m hoping the project pans out as legit, against the present market sentiment. Anything up from here is more profit. I don’t know the truth of the matter. But to be honest, if you look at the charts, it really doesn’t have much more to go down. So there’s no incentive for me to sell a coin that I’m $80 up on that’s at the bottom. For me to actually lose money it would have to dip to below 4¢ or so. I’ll hold on and take my chances.
Ecua_Trader
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@TheGush, This is an old chart but I guess still holds some truth to it. lol well Im glad you bought it cheap and still seeing gains on it. Many are not in your shoes and I can guess most are hurting right now. Thanks ;)