Good morning 👋
Another one that have been on our mind is TRX coin where it has been doing some interesting movement recently. As we all see we had multiple liquidation huntings where price just dropped and got pushed liquidating many traders who took any position on that coin.
Currently being above both EMAs we see that there is a chance for another drop to occur due to the fact that we have been not moving into any direction here (means no volume is currently backing any movement). History has shown us that this kind of momentum is often used as a good entry to short. We are waiting for price to reach below the EMAs and see how it will react to that zone.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Another one that have been on our mind is TRX coin where it has been doing some interesting movement recently. As we all see we had multiple liquidation huntings where price just dropped and got pushed liquidating many traders who took any position on that coin.
Currently being above both EMAs we see that there is a chance for another drop to occur due to the fact that we have been not moving into any direction here (means no volume is currently backing any movement). History has shown us that this kind of momentum is often used as a good entry to short. We are waiting for price to reach below the EMAs and see how it will react to that zone.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.