TRONLong
TRX NEW TREND
After bottoming twice around 16-17, bounceback had to be confirmed by retesting lower levels. An important psychological limit is @ 0.02.
It may be retested again to ensure the new direction is confirmed. I think the market is not efficient enough yet to be too precise on the technical level. A 0.019 something may be acceptable as a confirmation retest.
What is for sure ;-) the value may not go lower as 0.0018 (1 more 0) as it corresponds to the price paid for bitorrent /nr of circulating trons.... meaning that nothing else of that beautiful project has any intrinsec value. We are very far from that. To invest at the actual prices has a poor level of risk. And last words, YES I have a lot of trons.
It may be retested again to ensure the new direction is confirmed. I think the market is not efficient enough yet to be too precise on the technical level. A 0.019 something may be acceptable as a confirmation retest.
What is for sure ;-) the value may not go lower as 0.0018 (1 more 0) as it corresponds to the price paid for bitorrent /nr of circulating trons.... meaning that nothing else of that beautiful project has any intrinsec value. We are very far from that. To invest at the actual prices has a poor level of risk. And last words, YES I have a lot of trons.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.