FX_Professor

TRON - Running into trouble? 😿

Short
BITFINEX:TRXUSD   TRON
Starts to smell like Ripple, unfortunately. It is clearly failing to fly and a third attempt to test the support is now highly likely to happen.

I am out of Tron for now until either a rise happens next and it gains some momentum or the support is checked and confirmed for a new flight.

Why does it smell like Ripple?

Well first Tron has some marketing/bonus things going on (can;t bother to look for too much detail but it sounds cheesy)
and now this news:
'Tron and BitTorrent drop by approximately 10% as Justin Sun, the Tron crypto-founder, addresses rumors about regulatory proceedings from China and the US'.

In other words: I'm out for now, see you and buy you a bit later Tron 👋💁‍♂️

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