kryptotimes

Tronix | Is it Good Time to Buy??

BITFINEX:TRXUSD   TRON
Directly jumping to TA.

Recent High price move was because of March 31st testnet launch.
TA is coming under heavy pressure because of BTC selling.

We all know BTC is able to govern the trend for all coin. So if BTC falls, will TRX will rise?

I doubt it. At most u can see a spike in Buy, only if BTC shows Green. i.e.. 30 to 40% increase in price and hard 4 to 5 percent decrease in price. So, Yeah it is good time to buy TRX now, but make sure u sell it on or before March 31st . Because if BTC is in RED, then people will exit TRX very fast.

Anyone who is buying now, is because of price increase anticipation (due to test net launch).

PS: All the opinions are mine and mine only, i am no way trying to influence your trading decision.
Its your money, you have to decide what u do with it.

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If you have comments or feedback or questions, please feel free to post in comment section.

Thanks
Krypto Times

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