inv head and shoulder zones with a decending triangle and head n shoulder hourly pattern and a bullish flag on support.
This is a pair I would stay out of because there is NO DIRECTION being shown at this time.
A break of hourly flag *marked by pink lines* will help give us bullish support.
A break below the triangle can take us to the inverted HEAD zone. I believe this would be our best buy zone for the possible near future should we crash back down there.
Hope you enjoy this idea. Simply put...STAY OUT AND WAIT FOR MORE CONFIRMATION.
What I would do: I would wait for a floor around .06 cents and a new breakout before buying. I support both TRX and XRP for the long term! :D
Komen
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If you like this idea please give it a thumbs up!
Komen
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STILL NOTHING> lets hope for a break upward once btc corrects :)
gosh, it turns out to be pretty accurate, except for the bearish triangle kinda disappointing and turned out to be a bullish breakout
AschraM
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@hungryPepper30254, a swing usually happens when those two form next to each other. it hit the buy in, pumped, then tanked...and the rest is history to now. I haven't owned any tron in a long time. Couldn't tell ya how they are doing. All I see is Justin Sun constantly doing the same things he did 2 years ago. : / But I just went back and noticed that jump to .18c ...WOW... what are your thoughts about TRX hungrypepper?
About TRX? Well... If I must talk about what Justin Sun have been doing the last 2 years, I think he's doing what I would do if I own a blockchain technology company, which is controlling the market price to keep fee as low as possible to attract investor so they would use the network, but reasonable enough for the stakers/SRs to still profit in maintaining the network.
Because, to be honest, sending USDT is much more fun by using TRC rather than ERC, in terms of fee and speed.
So, for now, I think I'll be trading on XRP and TRX back and forth, both of them are great coin backed by a huge community, and if crypto is all about community, wouldn't that is the most important thing?
AschraM
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@hungryPepper30254, community matters indeed! I feel we will pop up nicely mid year in XRP. Technicals on XRP MC, BTC pair, and USD pair all point up. XRPBTC popping back up above ground now and holding strong. Probably will see some BTC move over in the next few weeks in support of Ripple with the XRP lawsuit. As I see it...all these main protocols are important to the ecosystem and its healthy growth through regulation and globalization. Cheers!