garrettlweems

My thoughts on TRON breakout

BINANCE:TRXBTC   TRON / Bitcoin
TRXBTC is not only doing great the past two days, but it's performing just as expected.. Which makes these breakouts feel even better. :-)

Here's my initial chart I made for TRXBTC and as you can see it has followed the chart perfectly.

I would like to be able to say I could see us reaching all time highs before the months end but I don't think that will be the case... at least not that soon. My opinion on that doesn't really have anything to do with TRXBTC directly I just don't think the entire market is strong enough to have that happen. Let me know how high you think we're going, or if we've reached the top.

Seems like we're starting to bounce back from the horrible pit of doom bear market we've been put through the last few months but we still have a long way to go... The Entire Cryptocurrency marketcap is still not even have of what where we were before the dip.

I'd say this is a good buy now if you keep a tight stop-loss but really you should have started taking positions 300-400 satoshi range.

Good luck & let's boogie

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.