TRX Update

26 янв. 2018 г.

It appears my expected breakout didn't happen - meanwhile the Bollinger Band Width keeps contracting and squeezing as we appear to have entered a new tiny downtrend channel. There is very little room for daytrading because of the low volatility of TRX though, and we are currently tracing the floor of the channel. If this trend keeps going I expect it to stay within this channel until it reaches the longterm uptrend support marked in blue and then bounce, hopefully that will cause the retesting of the ~712 resistance that I'm looking for.

As with my previous Published Idea - I'm new to the game, don't take my analysis as trading advice and do your own research/TA's as well to confirm. Feedback is very welcome, I'm here to learn and practice the art of Technical Analysis.

If anyone appreciate my analysis, and would like to show their support my wallets are below:

TRX Wallet : 0x40d48ad6e5d4ab416dbfd586912aa1112a317874
BTC Wallet : 1PvN7WcAZs2uZJigdVRm73QM8uok9AkiMC
ETH Wallet : 0x40d48ad6e5d4ab416dbfd586912aa1112a317874

I will keep you posted as this develops - my analysis will be confirmed/debunked within 2-3 days.

Sincerely Yours,
- Oz