Crypto_Terminal_Daniel
Long

Time to Gloat: Analysis of TRX NAILED IT!!

BITFINEX:TRXBTC   TRON / Bitcoin
In this article, we discussed why we should expect a breakout in TRX against BTC . We even gave the price targets where this asset would find support or resistance. In fact, we were spot on with our analysis. We noted that that TRXBTC was consolidating and a breakout was nigh. It took a bit, but readers who followed our insight were rewarded for their patience. As you can see in the linked article, profit targets were clearly spelled out at 369, and 418. A final target of 457 has yet to be attained, but we expect this to be realized as well, perhaps after a brief corrective phase. TRX does appear to have begun this corrective phase, and current levels, 356 at the time of this writing, seems to be a good entry point. A full retracement to 322 may be another good entry point. Be advised because if these levels don't hold, there is a vacuum zone down to 288.

Comments

Down to 332 we go. Thanks for the analysis.
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@Metaskriptz, no problem! thx for reading!
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