TRX has been going up for some time. It is by far the best positioned alt to capture the Asian markets. Overall the fundamental thesis behind this token is very bullish. China focus on keeping control of its web and IT infrastructure places TRX in a prime position. However, it is just as suceptible to the CN and US money printer as any other alt. The current off season pump, is unjustified by macro fundamentals. It is my current opinion it will not last. I will revisit this token at a later date.
Trade active
Trade closed: target reached:
Target reached. Prep to buy bounce to L1 or sell TP1. Short R/R no longer atractive here.
I am not a financial advisor.
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