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GabrielVasile
May 12, 2018 7:50 AM

TRX approaching mainnet - could double in almost 3 weeks Long

TRON / BitcoinBinance

Description

I believe BINANCE:TRXBTC is positioned to make great profits by the end of the month. With mainnet on May 31st and the active shiller Justin Sun that has almost 500k twitter followers and plans to make Tron the 6th coin in coinmarketcap, this coin should make great profits in the coming weeks. I bought on the 50% retracement and I'll hold until further notice. I'm expecting to see the price @ 14 - 14.5K on around May 29th - 30th

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Watch out for this breakout

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TRX still bullish

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Bulls are testing the neckline

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Sorry, pasted the wrong chart. That was a bullish flag on BTC.
Here's the right chart for TRX with bulls testing the neckline.
Comments
RRD
Better check the book
GabrielVasile
@RRD, which book?
RRD
@GabrielVasile, Last night US Eastern time, there were 10's of millions of sell orders lined up on Binance at 700 sats. This evening that number has been reduced substantially which actually makes TRXBTC look more bullish than it did last night. Everything could change though. If you download the Binance mobile app and go to BTC markets , then TRXBTC, you can see the limit orders to buy and sell. Helps a lot to see where the buying or selling pressure is headed.
GabrielVasile
@RRD, huge limit orders are a lot of times made to scare the investors so I don't make decisions based on them. Make sure that if someone wants to buy/sell big orders, they're are going to use Stop-Limit orders because they aren't visible to the public.
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