Hello everyone. It's been a while ;) Welcome to the analysis of my favorite holding, Tron. We've been in a slump ever since May 26th - RIGHT before the Main Net release. We are forming a Bullish descending wedge. The structure is becoming very tight and a breakout up or down is imminent. Considering this is a bullish formation, I believe we're headed UP UP...
as you see here an extremely large peak is coming. DON'T SELL!
MCO has clearly broken out from the descending channel and is now approaching a pretty strong resistance level around 0.0011 satoshi. Under the current - optimistic - market conditions and with the long-awaited release of Monaco's new app coming up shortly, this resistance level is likely to be broken. Next resistance level is around 0.00139 and from here it...
To me the pink prediction is the most realistic... Next step around 13k ( less than a week) Comeback to 10k after a pump to 14k (2 weeks to go (start now)) If he broke the 14k resistance the next target is 29 k (and he takes probably 3 months ) (sorry for my English)
In my previous post I failed to notice that the gas tank was not full. After a quick trip back to boring...should be good ready very soon! (will possibly finally lift off without BTC)