Hello traders and investors! ๐๐ This idea was not loading correctly last time I posted, but I would like to put it out there anyways I hope you understand.
Here we have TRX(TRON) on a 6 hour chart, drawing is just for fun, but I am actually monitoring TRX to see if this can play out ๐๐ง๐๐๐ฅณ
This is a long-term investment idea๐๐
I have mixed feelings about TRX but it has shown great strength in the past๐ก๐๐๐๐ช
TRX is involved in many Dapps/high risk gambling games/is a very successful blockchain..๐น๐๐ฎโฃโ โ๐ฒ
TRX is very volatile and this would be a RISKY trade, but could be potentially very profitable.โฌโซ๐๐ฎ๐ป๐ฒ
The fact that BTC has been getting a lot of fundamental hype today and has gained support(knock on wood,) at ~50,000 and again at ~53,000 makes me believe that TRX could continue to pump, and possibly complete a "'Cup and handle"' formation.๐น๐โ
Let's wait and see, and possibly analyze again in the near future!!
๐๐๐THIS IS NOT FINANCIAL ADVICE๐๐๐ Always keep a stop loss๐ค๐๐ฒ, keep a close eye ๐ on BTC for sudden bearish movement that would be very dangerousโ โ โ and trade at your own risk!!!!
Thank you so much!!!๐๐น๐คช Would love to know what YOU think about TRX/TRON
Any thoughts ๐ค๐ญ, questions๐โโ๏ธ๐โโ๏ธโ, good๐, bad๐, happy๐, sad๐ฅ, always welcome in the comments belowโฌ!
Jazerbay ๐ค
Comment
Touching resistance triangle! I think we are going for the cup! Always keep a stop loss for safe trading thank you!!
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