Why TRON is a good short term buy
.png)
Yesterday I commented on a post about when TRON was going to stop it's decline. I suggested that it would find support in the 0,06's (Previous breakout level)which it managed to hold yesterday. I think that it will bounce around
0,06's -0,07's the next days and then find momentum to test 0,1... That is why I TRON IMO is a good buy around the high 0,06's and then sell in the high 0,09's for a nice short profit.
Let me know what you think.
Congratulations @mickeypj, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.
The proven road to boost your personal success in this amazing Steem Network
Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?
I have been reading opposite, where people have stated on different forums that why TRON is not a good buy. The reason given is that they have no substantial technology to back it. And I saw it declining today as well. So not sure how it will play. I feel time will tell
Thank you for commenting. When looking at short term opportunities I focus on TA rather than the project and fundamentals. That being sad TRON dropped below 0,06 after I wrote the post. Let's see if it can bounce back today. Otherwise the next opportunity will be at 0,03's.
Is it good time to buy tron? Isnt it already high?
TRON dropped below 0,06 after i wrote this post so at the moment it is not a good buy. If it can bounce back today and hold I still think there is a good short term profit to take on it. If it does not manage to bounce back I would wait until it hits 0,03's.
Congratulations @mickeypj! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Congratulations @mickeypj! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!