TRX just broke resistance at 0.00000285.
We might be looking at 20-35% profit as next resistances are at the following levels:
1. 0.00000345 - 20% profit
2. 0.00000385 - 35% profit
Volume and MACD are confirming the uptrend. RSI is a bit in overbought so we can see a small pullback before continuing higher.
Fundamental:
There is lots planned for TRX soon:
- source code was released on 29th DEC
- coin burn planned on 10th JAN
- big exchange listing planned Jan 2018
Given all the hype around TRX right now I believe it can go even higher than 2 levels I listed above.
Do you have any comments or suggestions? Please let me know !:)
We might be looking at 20-35% profit as next resistances are at the following levels:
1. 0.00000345 - 20% profit
2. 0.00000385 - 35% profit
Volume and MACD are confirming the uptrend. RSI is a bit in overbought so we can see a small pullback before continuing higher.
Fundamental:
There is lots planned for TRX soon:
- source code was released on 29th DEC
- coin burn planned on 10th JAN
- big exchange listing planned Jan 2018
Given all the hype around TRX right now I believe it can go even higher than 2 levels I listed above.
Do you have any comments or suggestions? Please let me know !:)
Trade closed manually:
We reached our targets in 3 days. Hope you enjoyed the analysis ! :) There is more to come :)
Trade closed: target reached
We see a small healthy correction and a bounce up which already is crossing 1st target. Second target should be reached again soon.