Tron / Tether
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TRX SHORT 1H

535
Extremely Low Risk/Reward. TRX short target is the 0.618 extension level. Let's go!

As you can see, the last 2 SELL Signals in this chart were not valid as the Slow Volume line on the Volume Indicator was NOT below the blue trendline. According to our strategy, we only BUY when above the Blue trendline on Volume and SHORT when below.
ملاحظة
I have increased my short position for TRX on the 5 minute chart here
لقطة
ملاحظة
Added more profit targets (the 0.786 and the 2 green support lines.)

لقطة

TRON could fall hard. A head and shoulders is appearing on the 4 hour chart - this could be a complete reversal and BIG drop.

Why?

LUNA's UST coin was compromised, it dropped to $0.65. Likewise, TRON recently released a similar type of "algorithmic stablecoin". Who knows, something similar could happen (or FUD)
ملاحظة
The macro environment for crypto is not good right now . TRX could even fall mid term in a few weeks down to the low 0.05's

لقطة
ملاحظة
Target reached - big profits!
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