#TRX need to chill a bit, not ready for a new run atm
Hi all. Here's an update of my current chart.
I have now changed my pitchfork to our new newer high which makes it easy to see its channel.
This is what I see the next few days.
-I see clearly that we are over-bought at 1 day Rsi, it shows today that it will go down. We are currently around 78, which is somewhat oversold. I can see for me that RSI is now going down to around 60 on the RSI bar, we have also seen the trend in the last few hours on the 4-day chart, I think this will fall further lower.
-Macd on the 1 day chart also shows signs that we will have some slightly smaller volumes on the purchase page.
If TRX wants to go higher in the coming day, then we need a huge volume into it. so that we can not break below the up trend on rsi bar we've had in recent days. But i expect it to take a more or less common pullback move for consolidation to go on new heights.
There are probably many who disagree with me, but I never like to trade at high risk and I now think that TRX is a big risk to be traded atm.
My purchase zones are: Different places between 950 \ 930 \ 880
Again, do not make their choices based on my charts or opinions. Do your own research :)
Pace.
I have now changed my pitchfork to our new newer high which makes it easy to see its channel.
This is what I see the next few days.
-I see clearly that we are over-bought at 1 day Rsi, it shows today that it will go down. We are currently around 78, which is somewhat oversold. I can see for me that RSI is now going down to around 60 on the RSI bar, we have also seen the trend in the last few hours on the 4-day chart, I think this will fall further lower.
-Macd on the 1 day chart also shows signs that we will have some slightly smaller volumes on the purchase page.
If TRX wants to go higher in the coming day, then we need a huge volume into it. so that we can not break below the up trend on rsi bar we've had in recent days. But i expect it to take a more or less common pullback move for consolidation to go on new heights.
There are probably many who disagree with me, but I never like to trade at high risk and I now think that TRX is a big risk to be traded atm.
My purchase zones are: Different places between 950 \ 930 \ 880
Again, do not make their choices based on my charts or opinions. Do your own research :)
Pace.
Trade ativo
I called This drop last light, My first order GOT filled at 940Nota
Secend order filled at 920Nota
I see now that I wrote over sold in the introduction of my chart. I did meen over bought ofcTrade ativo
Filled at 875 and 840, have only one order more at 807, but i dont think it will hit.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.