Tron has been in a falling wedge for months, and currently, I believe the end of this bear cycle is almost over. Tron has an increasing RSI during the decreasing price, indicating a bullish divergence.
If you believe in TRON, look at adding funds when it hits below 400 sats, which is happening right now. I believe anywhere around 300-360 is a good addition for your portfolio.
The problem is that BTC might not have found a base yet, and TRX is still within the falling wedge.
However, if you look at the stoch on before the previous run, we are developing something similar. XRP had something like this too. This development is on and off, but is worth noticing.
Thanks for viewing! Hope you guys haven't lost too much money. If it makes you feel any better, I lost over 10% on TRX when I transferred it in order to vote, which required a lockup period of 3 days, which happened to be the time BTC dropped.
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I thought this chart had been deleted. I scrapped this one since I wanted to show the coiling stoch on the past run, somehow it went through.
I basically have two copies of the same chart now.