TRXUSD : Bearish signals before MainNet..?

Presently, I really DON'T think this is a probability, but everything in Crypto is a POSSIBILITY which, as Traders, we must consider all:

We have a Head & Shoulders Pattern forming, and a Bear-Flag already formed. Virtually all time-frames have a Bearish MACD (surprisingly).

TRX has been holding up incredibly well against BTC these past few days, but are we seeing signs of weakness pre-MainNet..? Hmmmm

I am going to wait until this H&S Pattern become invalidated before potentially jumping into Tron.

Good luck out there! :-)

Komentarz:

Oh yeah, if a 30min Candle close BELOW $0.65, I'd then be careful going long right now.

Komentarz:

TRON bear scenario, unbelievably, might be playing out right now.

Stay sharp

Komentarz:

If TRX closes the next 1HR Candle above $0.0645, then I'll probably be Bullish and consider opening a short-term Long position.

Komentarz:

TRX remains weak...it's barely holding at $0.0597.

BTC looking weak with Lower-Lows etc, and expecting at break below $7K relatively soon.

Next potential Buy Zone for TRX is circa $0.053. We'll need to re-assess then.

Best of luck to you all :-)