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!
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!
Nota
Right on track!Nota
Nota
This blue polygon is your ruler - if it breaks down, say goodbye... if it doesn't, boom.Nota
Not a lot of movement this past day.. preparing for something?Nota
Dropping to 564 satoshis any time soon.Nota
It's time.Dagangan ditutup: hentian tercapai
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.