Based on my previous graphs you could see that TRX was following elliot waves path but due to BTC falling, the fifth wave have failed to push upwards.
We are now approaching the support level(blue line) where TRX must bounce or move according to the line..
If any 4 hour candle failed to close above the support line or it will need to find a lower support.
It also depends on BTC movement too, if btc falls, alt coins will also fall.
Previous post:
**Above is graph i drew for my opinion. this doesn't mean any advice nor recommendation to either buy or sell anything!
It's only meant for use as informative or entertainment purposes**
Do like and follow for further updates.
Donations as thankful sign :)
BTC: 15oY9LNGzP6V6c4t21wcobdA53jt7pnFTY
ETH: 0x939121900b75d47a0c4eb4762dd5d582659fd675
TRX: 0x939121900b75d47a0c4eb4762dd5d582659fd675
We are now approaching the support level(blue line) where TRX must bounce or move according to the line..
If any 4 hour candle failed to close above the support line or it will need to find a lower support.
It also depends on BTC movement too, if btc falls, alt coins will also fall.
Previous post:
**Above is graph i drew for my opinion. this doesn't mean any advice nor recommendation to either buy or sell anything!
It's only meant for use as informative or entertainment purposes**
Do like and follow for further updates.
Donations as thankful sign :)
BTC: 15oY9LNGzP6V6c4t21wcobdA53jt7pnFTY
ETH: 0x939121900b75d47a0c4eb4762dd5d582659fd675
TRX: 0x939121900b75d47a0c4eb4762dd5d582659fd675
Trade active:
Looks like TRON rejected lower low once again.. It was at the 497 - 500 range for an hour and it has successfully pushed back upward to 507sats..
This might be new support range for trx, but it also depends on btc value.
Keep an eye on the support level
This might be new support range for trx, but it also depends on btc value.
Keep an eye on the support level
Trade active:
Still holding the support as BTC continue to rise.. watch closely
Order cancelled:
Support broken.. Need time to regain volume