Symmetrical Triangle for TRON TRX - Bullish breakout on the 10th of Feb? The lenght of the pole bring us exactly on the 0.786 fib retracement of Fibonnaci at around 0.04395.
Trade active
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we are slowly approching the 0.372 fib
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TRON is following my chart for the moment. Don't forget symmetrical triangle are bullish, higher lows with lower highs.
The 10th or even a few days before hand. TRX fans will want to accumulate for the BTT airdrop on the 11th. IMO, the launch will begin tomorrow or day after. There is also a possibility that TRX will abnormally go out of sight and dump hard at the time of the air drop on monday February the 11th at 0:00 (UTC), 4:00pm (PST)
Cheers!
Crypto_Mercy
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@keifer, absolutely, strategically people will buy just before the screenshot at 0:00utc, they might try to buy a little before to be able to get a reasonable price. The after dump should be progressive, people gonna have to wait to get their BTT, i don't think all BTT will be distributed at the same time.. which would be smart to control massive manipulation. Thanks for your comment, i really appreciate Keifer.
keifer
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@Miatmisu, I wonder how this will affect BTT prices? Your thoughts?
Cheers!