Broke support, little push probably to up side since fib retracemement is there, but later I suppose will bounce of from old trendline that will act as new resistance. Wait for confirmation, there's a lot of weird stuff around 1.16400 level that I don't know what to think about yet. Previously it worked as support, not it seems it's going to be new resistance.
The depression phase is over, the last bounce was quite optimistic and the worse FUD is over, positive news also coming in, so I think bears got what they wanted.
Daily StochRSI showing it's going down once more and then we are going into the new bluish channel, braking the old resistance channel. I don't believe it will go as far as 6k$, but around 6.3k$ and...
Bottomed out, but if DOW falls down to 25k$ support (which TA says it will), I think it will take stocks with him. So, maybe a candle wick out of this channel, but closed inside of it again?
IF BTC doesn't mess things up again, I think TRX is going to fly really hard and follow the path of XLM/ADA/XRP.
Graph couldn't really look better than this, if you are planning on holding for 14 days+ and BTC doesn't mess up.
There are multiple possible channels and resistance lines, but where you are going to sell is up to you really. I'm planning on holding...
I have completely missed that BTC got a nice support/trend line going on and seems to be in a new upward channel after a month of beating and jumping between 10k$-12k$. I do expect it to fall down again after the end pf pennant, but perhaps it might also push upward.
Market seems to be healthy for now and isn't that exhausted anymore. Of course any news can cause...
Okay, there's a lot of things going on with TRX I believe.
1.) Under complete whale control
2.) Whales accumulate no matter what BTC does, the more people panic and sell lower, the happier whales will be, since they can push the price higher
3.) They sell the news, pushing price up as much as they can
The most important thing, there's a lot of news in the last...
Three possible channels after breakout, three different resistance lines.
Nobody can say for sure how high it is going, but it is going up pretty soon.
