analysis on chart. EDIT: watch out for the double-top :P
$TRX is an amazing project and in the early stages of trading. It has a large market cap, but is priced cheaply at $.04. These coins have been 10x pretty regularly because of new investors seeing how cheap their dollar price is. This cup formation while holding the rising 77 and 231 ma bodes well for a big increase soon.
Description on chart, my personal opinion :)
ascending triangle both on price and RSI, price downward trending line broken, RSI's line about to be?
TRX is another one of my long time hold Alts going for 0.03 cents right now. - Great Whitepaper head over to there site to check it out - obviously they already had a quite massive pump,but i evlieve they have tons of potentional for more upside. - The only thing i dont like about it as of now is how heavily they are leaning on Alibaba pretty much for a Co-sign...
Tronix is in a triangle - if it breaks the resistance it's bullish if it drops below the support it's bearish. TK cross occurred in the kumo cloud which is a neutral bullish sign. RSI seems bullish and is almost above the 50-zone which is good. I drew 2 possible triangles but both are gonna break out soon.
(Trade this coin on Binance in my signature below)(And check out the cute bulls in the apparel shop) TRX is one of the coins I've been trading but haven't been able to chart because Binance. Thanks TradingView! This was McAfee's last call before he stopped doing Coin of the Day and got "hacked". As you can see, it didn't do much. This coin has skyrocketed...