Tron TRX Jan 24 Technical Analysis - Sits in Consolidation - No Trend EstablishedsteemCreated with Sketch.

in #tron7 years ago

Sideways for 4 Days. No trend established

No general trend established. We sit at 0.618 fib of this impulse wave up, waiting to see if this is a failed impulse wave up (X of WXY) or if it is an actual wave up. Target is above for typical 1:1 extension if wave does impulse up. Otherwise we may find support in the region below.


Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

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Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
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Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
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Lesson 10 Let's Learn Laddering
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Lesson 12 Lesson 12 Let's Learn Swing Trading Advanced 55 EMA Strategy

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Nice post! Liked yours! please check my recent out where i talked about TRon (TRX) and like it if you want!

I really don't know what to think about TRX at the minute... I know the moment I decide to close my positions for others it will go up though ha! Won't make that mistake again!

I've read their White Paper and business plan and listened to the guy in charge but it lacks a real plan. The guy is not a good communicator. I'm a noob at this but as a retired business person I think this needs time to develop a good plan but as one of my first tries at investing it did make me some money at the first of the year. : )

thanks Phil as always and good to see you here on Steemit. You gonna do great here.

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