Okay if you have been following me on this ride you have seen 3 successful calls for making money with TRX. I have left those markers in the chart and expanded it to the data for today. I don't think there are enough bars after the sharp market hit yesterday to truly predict the direction this one will go. So take todays chart with less strength than the previous calls.
I have marked the new lines in dark blue. as you can see there are not enough contact points to say the bottom is truly the bottom trend line. I also am not sure it will turn up as hard. Its possible but...There was previous support at the second support line so I used the down trend and extrapolated a secondary line that I think is more reasonable. given this coin is at 385 again. there is strong support for a return to the 400's is 15 satoshi a coin a lot? No but for a small budget trader you could do well here esp given a healty market return could push this coin back up to the 440s. watch the cci and trend volume. Let me know where you guys jump in at.
I have marked the new lines in dark blue. as you can see there are not enough contact points to say the bottom is truly the bottom trend line. I also am not sure it will turn up as hard. Its possible but...There was previous support at the second support line so I used the down trend and extrapolated a secondary line that I think is more reasonable. given this coin is at 385 again. there is strong support for a return to the 400's is 15 satoshi a coin a lot? No but for a small budget trader you could do well here esp given a healty market return could push this coin back up to the 440s. watch the cci and trend volume. Let me know where you guys jump in at.