Resistance becomes support TRXBTC

18 thg 8, 2018

This was my last cup and handle call. The way the handle stretches out horizontally is interesting. The cup and handle broke through resistance and made close to 25% gain from the bottom of handle, but TRX is now using the old resistance line it broke through as support. Let's see if it holds or if it breaks through support.

18 thg 8, 2018

Ghi chú

The flash crash is most likely due to margin traders closing their long positions in fear of the market going down, but who knows.. Craziness.

19 thg 8, 2018

Ghi chú

***A 100% drop playing out throughout the rest of the year is still very possible. If you ask me though the bullish risk to reward on the long term is mind blowing. We are in buying territory on the long term.

***Always remember to pay homage to the gang, and keep movin that bread. \w/
***LTC TIP JAR: MNW7HLttWjNzwEEMsDYpMNEUWi1Kct6vVr