TRX/USD Major trend. Channel. 17 11 2023
Updated
Time frame 1 month. The ascending channel. A large triangle is forming in it with a base of about +550% (classic target workout from resistance breakdown).
Secondary trend. Time frame is the same as 1 month. Triangle zone.
Since the time frame is maximum 1 month, I set the maximum possible targets for the asset. Extremely strong resistance of the cryptocurrency, which from ICO +5500% (despite the conditional redistribution earlier several times) is a meridian channel (highlighted with a dotted line). I emphasize it.
To earn consistently, you need to set adequate goals for most of the position. You can keep a small part of the whole position (not necessarily), for maximum "probability zone targets" (percentages are shown for clarity). After all, you can afford it since you will be in profit from the main position.
When does the pump on large capitalization cryptocurrencies happen?
Pumped when "the hamster is not scared", that is, at the very peak of market marketing. Although it is worth noting that pumped coins with large capitalization very rarely reach the so-called "probability" zones, and if it happens, then for a very short period of time. Pumps come (liquidity, large capitalization, HYIP) often on the last 5 waves of bitcoin pump (overflow of large capital money) in the distribution phase or on the pullback after it.
TRX can be pumped under government events like BNB in 2020 ?
BNB / USDT. Ascending channel. Cycle. Wedge. Reversal zones.
Published 15 10 2020. Pumping +5500%
From the average set price (at already +15,000% price values), the pump in the trend has occurred over +4400% to the highs of the distribution zone.
BNB key capitulation zone, bottom, overpowering historical highs and super dump (probability zone):
🟣 Reset zone (carnival dump) $6.3$
🔴 Zone of equalization and price consolidation after the dump 11.18$
🟡 Zone of local ascending channel breakout (channel in channel) 39$
🔵 Peak reset zone in the distribution cycle 670$
❓Do you think it is possible to repeat the BNB HYIP on a notional Chinese blockchain TRX (in a country where supposedly cryptocurrencies are banned at the moment, but mass digitalization is underway) through which billions of dollars are transferred into USDT (cryptocurrency market pump) daily?
By the way the charts are conventionally similar in meaning (trend holding on huge profits). Can TRX like BNB at one time make a super Pump on a large % already while holding on to a huge % profit? That is, will TRX cryptocurrency repeat the previous BNB hype given the usefulness of blockchain and the adoption of blockchain by a number of countries "now" and in the future?
Action tactics. Super Pump. Risk Management.
Quite possibly, but for very large sales targets (hamster) I would allocate probably no more than 5-10% of the total crypto coin position. And still in the market allocation zone I would keep these coins not on wallets, but in stop-loss to protect a very significant profit. To make big money (ta in general to earn at a distance), it is necessary to have an account of every penny and not to play in the casino, but only in the allowable, predictable risk.
Pump/dump and super profit of "investors". ICO price
It is worth noting that with ICO 2017 price is now about +5500% Price of token (then on ETH-ERC20) ICO: 1 TRX = 0.00000038 BTC ICO was fair, anyone could buy a token, which subsequently in 3 months will grow in value on the pamp method "stick" in 100 times.
The capitulation zone (probability no more)). Repetition is the mother of learning.
Partial reallocation of large holders (traders and investors) was in 2020 as well as most assets thanks to shaking out -60% in a couple days on 03 2020 from the accumulation zone. Will it happen again or not? Yes/No, you should always be prepared in any trend for such a hypothetical event that could significantly increase your asset holdings and deposit afterwards in the final unanticipated capitulation of the markets (multiple).
Secondary trend. Time frame 3 days.
Secondary trend. Time frame is the same as 1 month. Triangle zone.
Since the time frame is maximum 1 month, I set the maximum possible targets for the asset. Extremely strong resistance of the cryptocurrency, which from ICO +5500% (despite the conditional redistribution earlier several times) is a meridian channel (highlighted with a dotted line). I emphasize it.
To earn consistently, you need to set adequate goals for most of the position. You can keep a small part of the whole position (not necessarily), for maximum "probability zone targets" (percentages are shown for clarity). After all, you can afford it since you will be in profit from the main position.
When does the pump on large capitalization cryptocurrencies happen?
Pumped when "the hamster is not scared", that is, at the very peak of market marketing. Although it is worth noting that pumped coins with large capitalization very rarely reach the so-called "probability" zones, and if it happens, then for a very short period of time. Pumps come (liquidity, large capitalization, HYIP) often on the last 5 waves of bitcoin pump (overflow of large capital money) in the distribution phase or on the pullback after it.
TRX can be pumped under government events like BNB in 2020 ?
BNB / USDT. Ascending channel. Cycle. Wedge. Reversal zones.
Published 15 10 2020. Pumping +5500%
From the average set price (at already +15,000% price values), the pump in the trend has occurred over +4400% to the highs of the distribution zone.
BNB key capitulation zone, bottom, overpowering historical highs and super dump (probability zone):
🟣 Reset zone (carnival dump) $6.3$
🔴 Zone of equalization and price consolidation after the dump 11.18$
🟡 Zone of local ascending channel breakout (channel in channel) 39$
🔵 Peak reset zone in the distribution cycle 670$
❓Do you think it is possible to repeat the BNB HYIP on a notional Chinese blockchain TRX (in a country where supposedly cryptocurrencies are banned at the moment, but mass digitalization is underway) through which billions of dollars are transferred into USDT (cryptocurrency market pump) daily?
By the way the charts are conventionally similar in meaning (trend holding on huge profits). Can TRX like BNB at one time make a super Pump on a large % already while holding on to a huge % profit? That is, will TRX cryptocurrency repeat the previous BNB hype given the usefulness of blockchain and the adoption of blockchain by a number of countries "now" and in the future?
Action tactics. Super Pump. Risk Management.
Quite possibly, but for very large sales targets (hamster) I would allocate probably no more than 5-10% of the total crypto coin position. And still in the market allocation zone I would keep these coins not on wallets, but in stop-loss to protect a very significant profit. To make big money (ta in general to earn at a distance), it is necessary to have an account of every penny and not to play in the casino, but only in the allowable, predictable risk.
Pump/dump and super profit of "investors". ICO price
It is worth noting that with ICO 2017 price is now about +5500% Price of token (then on ETH-ERC20) ICO: 1 TRX = 0.00000038 BTC ICO was fair, anyone could buy a token, which subsequently in 3 months will grow in value on the pamp method "stick" in 100 times.
The capitulation zone (probability no more)). Repetition is the mother of learning.
Partial reallocation of large holders (traders and investors) was in 2020 as well as most assets thanks to shaking out -60% in a couple days on 03 2020 from the accumulation zone. Will it happen again or not? Yes/No, you should always be prepared in any trend for such a hypothetical event that could significantly increase your asset holdings and deposit afterwards in the final unanticipated capitulation of the markets (multiple).
Secondary trend. Time frame 3 days.
Note
An ascending channel at the bottom of a large triangle. Note
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