My dear Cocojambo's and Cocofriends,
Here I am again dropping my Cococharts for you guys with a new calling. For the past week I've been keeping an eye on TRX 7.51% . The launch of the mainnet just like the tokenswap were a success. Even though Justin Sun had a lot of FUD (copied whitepaper) and beef with Vitalik ( CEO 0.87% of Ethereum 1.29% ), we can't deny that something is going on over there in China.
Rumors Rumors Rumors, they do have effect on Tron's price. When Tron leaves, it used to pump for a week more less. So what's new regarding news. TRX 7.51% acquired Bittorrent and a rumor of partnering with Alibaba in the future is still on the table.
But for the near future, can we expect price action? Oh yes we can, but remain careful. Ok, so from the 26th of may we started to create a falling wedge as you can see on the daily. We touched the upperline 3 times and now TRX 7.51% is sticking his little Cocohead out of my Cocoline! My Cocolines are precious to me, so something is brewing guys.
On the 10th of july we had a little pump (fake breakout) to trigger all the sellorders and to create a free path. In no time TRX 7.51% went from 531 to 589 SATS 0.08% . This already got my attention. From here I expected one or two more dumps. The wedge started to get smaller and smaller and here we are, at 533 again. The latest break out has not much volume , we need more volume to push through the cloud on the four hourly, but the Bollinger band would give me a max of 549SAT.
What now? So now we wait until the daily closes. We must close above yesterdays candle and I'm looking for a strong reversal sign, like a green spinning dogi. There is a strong support at the 500 levels, because we have the FIB 0.236 and the support line. Also the MACD is crossing on the daily. I expect TRX 7.51% to go towards 680-750 range. That would be a nice profit;)
News:
30st July Virtual Machine & SECRET PROJECT
And the last rumor of 22 hours ago
Are TRON and Twitter preparing to make a deal?
TRON ( TRX 7.51% ) has become known for making groundbreaking decisions and partnerships lately, and the crypto shows no signs of stopping just yet. In fact, it might be going after some much larger partnerships soon, judging by the recent development.
We are, of course, talking about the visit that Twitter’s officials have made to TRON’s office recently, It would seem that some very vital discussions were led during this visit, but so far, there were no official statements or even leaks regarding what this visit was really about.
The only real facts that are currently known is that Twitter has visited TRON, and this was confirmed by Justin Sun’s recent tweet, posted yesterday, on July 11th.
So enough news for today;) Will keep you updated!
Here I am again dropping my Cococharts for you guys with a new calling. For the past week I've been keeping an eye on TRX 7.51% . The launch of the mainnet just like the tokenswap were a success. Even though Justin Sun had a lot of FUD (copied whitepaper) and beef with Vitalik ( CEO 0.87% of Ethereum 1.29% ), we can't deny that something is going on over there in China.
Rumors Rumors Rumors, they do have effect on Tron's price. When Tron leaves, it used to pump for a week more less. So what's new regarding news. TRX 7.51% acquired Bittorrent and a rumor of partnering with Alibaba in the future is still on the table.
But for the near future, can we expect price action? Oh yes we can, but remain careful. Ok, so from the 26th of may we started to create a falling wedge as you can see on the daily. We touched the upperline 3 times and now TRX 7.51% is sticking his little Cocohead out of my Cocoline! My Cocolines are precious to me, so something is brewing guys.
On the 10th of july we had a little pump (fake breakout) to trigger all the sellorders and to create a free path. In no time TRX 7.51% went from 531 to 589 SATS 0.08% . This already got my attention. From here I expected one or two more dumps. The wedge started to get smaller and smaller and here we are, at 533 again. The latest break out has not much volume , we need more volume to push through the cloud on the four hourly, but the Bollinger band would give me a max of 549SAT.
What now? So now we wait until the daily closes. We must close above yesterdays candle and I'm looking for a strong reversal sign, like a green spinning dogi. There is a strong support at the 500 levels, because we have the FIB 0.236 and the support line. Also the MACD is crossing on the daily. I expect TRX 7.51% to go towards 680-750 range. That would be a nice profit;)
News:
30st July Virtual Machine & SECRET PROJECT
And the last rumor of 22 hours ago
Are TRON and Twitter preparing to make a deal?
TRON ( TRX 7.51% ) has become known for making groundbreaking decisions and partnerships lately, and the crypto shows no signs of stopping just yet. In fact, it might be going after some much larger partnerships soon, judging by the recent development.
We are, of course, talking about the visit that Twitter’s officials have made to TRON’s office recently, It would seem that some very vital discussions were led during this visit, but so far, there were no official statements or even leaks regarding what this visit was really about.
The only real facts that are currently known is that Twitter has visited TRON, and this was confirmed by Justin Sun’s recent tweet, posted yesterday, on July 11th.
So enough news for today;) Will keep you updated!