AlexSchram
Long

TRX found support at .022 heading to .042

BITFINEX:TRXUSD   TRON / Dollar
TRX found support at .022 our original analysis consisted of a POINT D return of a harmonic patter n extending to the low point of the left shoulder. Price never reached D so we never took the buy. Our second signal has happened now and price has broken out of its accumulative bullish flag range from my previous idea. This entails that idea is no longer valid and we are now onto a new idea. If you are still holding tron from .02 when the major drop happened. Congrats You are in a great position for the upcoming years to hold tight!

Technicals

Support level 1 @ .022
Support level 2 @ POINT D harmonics .019 // .02

**Price has corrected from .0317 to Fibonacci support at 61.8% price .026 and how has an entry to buy from here to .04 cents
**Clear INV head n shoulder pattern is in effect showing higher support on the right shoulder at a new level .022
** Price is holding above 20 50 and 200 MA on hourly and daily


SL: .01
Entry: .026
TP1: .04
TP2: .06
TP3: .08
TP4: .10 LONG TERM into next year unless we get a great run!

Fundamentals that support this idea:

TRX goal to hit 2,000 dapps by EOY
https://ethereumworldnews.com/tron-trx-2...

USDT launched on TRX blockchain now connected to TRX
https://ambcrypto.com/tether-usdt-launch...

Scare tactic on news : / didnt effect the market at all honestly...
https://coingape.com/tron-trx-sinks-5-du...






Comment: Tron is heading to .0236 200 MA If you havent bought yet this is would be a good area to buy from.
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