Hi Friends!
Its been a while since my last post. We've seen BTC defy our expectations and plowed through every resistance, as a result, alts as usual bowed down to the king.
If you recall 3 months ago, the news was very bullish for $TRX but we insisted the rally has slowed down and has to correct t its fib levels. As you can see in the chart below, TRX is abut to hit its lowest fib target at 0.786.
This has been a very strong drop for TRX although we could see the volume was not as strong as when it rallied which is a good sign.
I'm expecting a rebound nearterm, as soon as we touch the 0.786 fib. We could go as high as 50% initially as we are expecting a very significant resistance at that level.
hat's it guys. I welcome your feedbacks.
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
Its been a while since my last post. We've seen BTC defy our expectations and plowed through every resistance, as a result, alts as usual bowed down to the king.
If you recall 3 months ago, the news was very bullish for $TRX but we insisted the rally has slowed down and has to correct t its fib levels. As you can see in the chart below, TRX is abut to hit its lowest fib target at 0.786.
This has been a very strong drop for TRX although we could see the volume was not as strong as when it rallied which is a good sign.
I'm expecting a rebound nearterm, as soon as we touch the 0.786 fib. We could go as high as 50% initially as we are expecting a very significant resistance at that level.
hat's it guys. I welcome your feedbacks.
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
