krobolin

TRX: Fan speedlines and channels.

krobolin تم تحديثه   
BINANCE:TRXBTC   TRON / Bitcoin
This is just an update about TRXBTC and my view about it.

Here we've got a major growth channel (yellow lines) and a minor decay channel (white lines) - the thing is: we are inside both. I've applied fan lines where its channel lines origin (zoom out and you can see it) to see the speedlines. That's how it goes: if the 1/2 uptrend fan speedline have been broken, it'll go up, if the 1/1 uptrend fan speedline have been broken, down we'll go. Same logic to the downtrend fan speedlines.

Interesting enough, both 1/2 and 2/1 couldn't be broke in this downtrend (it broke the 1/2 in the uptrend but it has stopped at the 1/3!). Right now here going towards the 1/1 speedline and at this rate we'll reach it @ 540 satoshis so set your stop-loss there.

If it bounces, we'll retest the 2/1 speedline. If it doesn't... well, I don't need to say it :(

Hard times these days. Trade safe!
تعليق:
Right on track!
تعليق:
تعليق:
This blue polygon is your ruler - if it breaks down, say goodbye... if it doesn't, boom.
تعليق:
Not a lot of movement this past day.. preparing for something?
تعليق:
Dropping to 564 satoshis any time soon.
تعليق:
It's time.
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