Recently purchased into Tron with a sizeable part of my portfolio. Tech looks good and team is strong, including the recent new addition of Zhang Anwen and another senior developer from Alibaba (See Tron's twitter feed). These are the support areas and targets I am working with, I know a lot pf people think if TRX does break out it will reach higher than Target 2 (2000 sats) but I'm setting targets I think are realistic and targets I'd would be happy with.
The chart has been low volume and in a holding pattern for the last few days as we are awaiting "big news" according to Justin Sun, the founder. I take faith however in the speed at which it recovered when it did take slightly more dramatic dips. This tells me people are waiting to buy in at a good level and awaiting this news.
How long this side ways equilibrium will last is still uncertain but as of 6 hours ago Justin Sun announced the news is coming soon" and due to be announced before Jan 14th.
Would love to know what you think of the chart, particularly the support areas and targets, are you in on TRX let me know! I'm still learning a lot of this stuff so please correct me if you find something you disagree with!
The chart has been low volume and in a holding pattern for the last few days as we are awaiting "big news" according to Justin Sun, the founder. I take faith however in the speed at which it recovered when it did take slightly more dramatic dips. This tells me people are waiting to buy in at a good level and awaiting this news.
How long this side ways equilibrium will last is still uncertain but as of 6 hours ago Justin Sun announced the news is coming soon" and due to be announced before Jan 14th.
Would love to know what you think of the chart, particularly the support areas and targets, are you in on TRX let me know! I'm still learning a lot of this stuff so please correct me if you find something you disagree with!