ItsAtrap

ItsAtrap

We have hit the 50 Day MA, and hate to say, but do not think that will hold. I think we are due for another leg down to the 400 area, which was prior resistance in the last down turn. The hope is that we will see strong support here, then reapproach 500 to test support. My last analysis on TRX was based on the potential for a death cross on the daily (corrected...

ItsAtrap

I am relatively new in the crypto space, jumping on the train in November 2017, and have had some good and bad times since, mostly bad due to the bear market we all know too well. I drank some of the Kool Aid when the market was sky high, like many others. However, I took this as a learning opportunity, invested in some great content that I am still rewatching...

ItsAtrap Updated 

Holding solid support on the 50 Day MA, creating slightly higher lows on RSI, and Stochastics is trending up across the 20 mark. Bollinger Bands are getting tighter, which makes me think a break up is coming anytime. Overall, I think we will trend up even more in coming weeks, and at least touch the 200 Day MA. It has been almost a year since we have had an...

ItsAtrap

Holding nice support on the 20 day MA, indicators are trending up and not overbought on RSI yet. I think we will hit $69 later next week, and will be interesting to see if that holds. Happy Trading!

ItsAtrap Updated 

Have strong support around 1800, held since October 2018, RSI is close to being oversold, and keeping close eye on Bollinger Bands (closing gap after drop). May consolidate a bit, then... Target 1 - @ 2010 Target 2 - @ 2080 Target 3 - @ 2130 Target 4 - @ 2200 **Still learning, not trading advice!**

ItsAtrap

We are currently holding support on the 40 mark on the RSI, ever so slightly higher low and higher highs the last several weeks. We are approaching a golden cross, which is always a good sign. We crossed the 50 day MA back in December, and just need a breakthrough and confirmation of support here. I think middle of next week will be more telling! Happy Trading!

ItsAtrap

Based on oversold RSI and Stochastic trending up on daily, should see something in coming weeks. Looking at weekly, Bollinger Band is still pretty open, but curving inward. Next week may be more telling and potential for good buy opportunity. RSI is lowest it has ever been, seems like a good sign to me! **This is not trading advice, still learning** :)