TradeCobra

😯 Tron Taking On Multi-Year Resistance. (TRX)

BINANCE:TRXUSD   TRON / US Dollar (calculated by TradingView)
✌Tron was valued all time high around 23 cents and currently sits at 1.6 cents.

This setup from a far could be a massive bull pennant setup.
This will be the 4th time we attack this downward Resistance to see if we can finally get a breakout on tron.

Justin sun the founder of trx has his hands in a lot of areas in the cryptocurrency market and has established a massive following. This coin is known to be a strong competitor to the top dog ethereum .

Could be a nice setup for a long term play, stay sharp! πŸ’°πŸ’°πŸ’°

Best of luck, 🎲🎲

πŸ₯‡MLT | MAJOR LEAGUE TRADER

Comments

yes for long term has maximum potential
+2 Reply
TradeCobra bestfarbit74
@bestfarbit74, πŸ‘πŸ‘πŸ‘
Reply
thank you for sharing. interesting chart.
+1 Reply
TradeCobra ProjectSyndicate
@ProjectSyndicate, thanks ❀❀
Reply
LTC has that similar triangle
+1 Reply
TradeCobra mteribery
@mteribery, I think trx looks better then ltc
Reply
mteribery TradeCobra
@TradeCobra, short term or long ?
+1 Reply
TradeCobra mteribery
@mteribery, breakout would. Most likely result in long term
+1 Reply
In my opinion all this AlT bullish signs are a helpful indicator that btc itself will be rising. When BTC reached ATH in JAN 18 ALTS were going through the roof and I think we'll see the same thing, and quite possibly before BTC takes off as traders try to grab cheaper coins with higher growth potential. Even if TRX hit a nickel would be awesome!
Reply
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