Hi everyone, I hope you guys have a nice weekend with your family. Straight into it without waste any times.
First of all, I want to note down some keys Retracement and Extension. Retracements:
0.00000780 - 0.00000870 ( 1 )
0.00000632 - 0.00000662 ( 2 )
0.00000452 - 0.00000547 ( 3 )
0.00000256 - 0.00000362 ( 4 )
Extensions:
0.00002572 - 0.00002604
0.00002816 - 0.00002953
0.00003233 - 0.00003393
0.00004474 - 0.00004683
Price Factors: - We're in Pullish Market ( Buyers Market ). - After a series of down move, the Price of TRON seem like to slowing down near the Retrace ( 2 ) Area ( on a Daily Chart ). - This Retrace ( 2 ) Area also our previous Breakout ( was our Previous Resistant level now become our new Support level on 4 Hours Chart ). - We have a mini Support Area ( Pink Area ) showing some rejections in the past and slowing down at the moment. - I have spotted 2 Green Arrows on the Chart that showing me the strength of the Buyers compare with the Sellers. Buyers are stronger than Sellers in short there is just 1 or 2 Candles to remove the haft of series down Candles ( Means Sellers weak and Buyers are stading by ). - The Price seem like breaking below the Support Price Channel. - The Price forming a Falling Wedge pattern ( Reversal pattern ) not matured but we still count it.
Indicator Factors: - The Volume showing us the Sellers pressure continuing decrease below the average both 4 Hourse and Daily. - The MACD now below the 0 and diagram on 4 Hours but on Daily we are going to continue the down move ( not good enough for our buy entry ). - The Stoch RSI also in the Oversold zone on 4 Hours and Daily. - The Price dipped below the ichimoku on 4 Hours Chart but still above on Daily.
Conclusion: This may be that last low of down trend. I'm still need more infomation of the next move for Trading precision. But i'm going to take this as far as dead zone as possible and holding it.
Entry: 0.00000632 - 0.00000662 ( My main zone to take in)
Target 1: 0.00002572 - 0.00002604
Target 2: 0.00002816 - 0.00002953
Target 3: 0.00003233 - 0.00003393
Target 4: 0.00004474 - 0.00004683
Stop: 0.00000452 - 0.00000547 ( 3 ) ( I'm not place but for guys who need, better below ).
I will wait for more infomation and continue to update this post. If you interest this please keep track, i will do as much as possible.
Happy Weekend guys Happy Trading.
Giao dịch đang hoạt động
⋅
Adding waves count and we may in the wave c of the correction wave. Include the Price stepped into very strong retracement zone. Indicators now swimming below the oversold. The Green Area is my precision zone. My Entry active at: 0.00000500 ( I will holding from here )
May the Force be with me xD
Happy Trading Guys
Bình luận
⋅
Updated for the next move: The Yellow Areas are my take profit areas. ( Depend on market conditions, I'll remove partial of my position then scale-in and holding to the next one. Keep in mind the higher areas are also mean the higher possibility price do correction. )
All my Target below should near or inside: ( Based on my Entry at: 0.00000500 ) Target 1: 0.00000848 - 0.00000957 Target 2: 0.00001077 - 0.00001124 Target 3: 0.00001254 - 0.00001342 Target 4: 0.00001448 - 0.00001494 Target 5: 0.00001651 - 0.00001734 Target 6: 0.00001830 - 0.00001874 Target 7: 0.00002046 - 0.00002074
Stop: will be the last target areas that you have passed and should below it ( For people who need ).
About the Vertical Cyan Line is my Time Zone line and we may have a reversal point soon or later.
Happy Trading and Hope this helpful.
Bình luận
⋅
TRON: +70% in 5 Hours broke above the Cloud and now slowing above the key area. TRX can countinue move further
I bought this coin at around 250 Sats not knowing anything about it. Just made a decision to buy based on the pattern I saw in the chart. Then I sold it in stages wondering when the hell we'd hit the top. Since then, I've done the FA aspect of Due Diligence.
If I had *started* with FA, there's no way in hell I ever would have bought this coin. I consider myself extremely lucky. I got in on the mass FOMO without succumbing to it myself and managed to make it out unscathed. I'm not sure how or why the FOMO was so huge on this one. Just an irresponsibly quick breeze through the "whitepaper" and a few of the founder's LinkedIn pages and their Subreddit should have been enough for a person with below average reasoning to pass on this coin.
But it went completely parabolic...
Which means that people were really just throwing money out of nowhere because they saw green candles. If half of them actually did /any/ research during this phase they won't be coming back. And people keep talking about how this coin is being "manipulated". Sure, but not to hold the value down. The manipulation kicked in before it hit 300 Satoshi. After that the manipulation pushed the price higher and higher. Now it's just a mass of teasing buy orders attempting to trick people into thinking there's a massive wall holding the price up. But that wall moves lower and lower as the orders never get filled. -That- is the only manipulation happening to this coin at present.
That and maybe a couple of "bullish" TA posts on TradingView.
Leaked_Timeline
⋅
Thanks your comment @VanBenno, I'll take consider about it. I'm not accually like this coin as much ( On the others post i told it ).
But the things i want to try this coin is This is the Huge Market of China play.
ckcoin
⋅
@VanBenno, If you follow the news recently you know that for a person with below average reasoning would jump on this coin.
Reasons:
+ If TRX have no value what so ever, Baofeng worth 10b$ would not become partner ( if you can sale something worth 0$ to a big company that feel free to take this point off)
+ if TRX have no value no space company would like to partner
+ If TRX have zero value it will not even showing up in the top 100 CC
+ If TRX have no value they would not expand to open a new office in San Francisco
You said is the big whale who manipulating the coin at the present which is 8h ago. Dear my friend you have not trade enough coin. They all have wall setup using bot from different whales with different interest in different coin.
Whitepaper. oh yes is so crappy i have to agree beside that stop reading Reddit for news and advice
Leaked_Timeline
⋅
I just updated some short-term targets
Hope this helpful.
Happy Trading.
If I had *started* with FA, there's no way in hell I ever would have bought this coin. I consider myself extremely lucky. I got in on the mass FOMO without succumbing to it myself and managed to make it out unscathed. I'm not sure how or why the FOMO was so huge on this one. Just an irresponsibly quick breeze through the "whitepaper" and a few of the founder's LinkedIn pages and their Subreddit should have been enough for a person with below average reasoning to pass on this coin.
But it went completely parabolic...
Which means that people were really just throwing money out of nowhere because they saw green candles. If half of them actually did /any/ research during this phase they won't be coming back. And people keep talking about how this coin is being "manipulated". Sure, but not to hold the value down. The manipulation kicked in before it hit 300 Satoshi. After that the manipulation pushed the price higher and higher. Now it's just a mass of teasing buy orders attempting to trick people into thinking there's a massive wall holding the price up. But that wall moves lower and lower as the orders never get filled. -That- is the only manipulation happening to this coin at present.
That and maybe a couple of "bullish" TA posts on TradingView.