• In one of my previous statements, I mentioned that there was likely going to be a correction. The correction indeed happened. However, it looks like the asset is bouncing off of MA200 and is not going down to MA65. One of the reasons why this is happening could be the fact that the entire market is recovering right now. So, some assets are climbing up higher than others. TRX is on the slower-moving end.
TRX just broke through a newly-formed trendline, and it looks like the rocket is about to shoot up.
• On this chart, I indicated major levels of support and resistance. Even if TRON begins climbing all the way up to its previous all-time-high, there will be corrections on the way up.
• The overall situation in the market seems promising. So, my expectations would be that TRON will repeat a similar scenario that is now played out by assets like SushiSwap, Fantom, and even XLM.
• I’m done for now. I will have one more livestream later today. Thank you for watching this video. If you enjoyed it, consider subscribing to my channel. Perhaps, your trading and investing karma will go up. What goes around comes around.
TRX just broke through a newly-formed trendline, and it looks like the rocket is about to shoot up.
• On this chart, I indicated major levels of support and resistance. Even if TRON begins climbing all the way up to its previous all-time-high, there will be corrections on the way up.
• The overall situation in the market seems promising. So, my expectations would be that TRON will repeat a similar scenario that is now played out by assets like SushiSwap, Fantom, and even XLM.
• I’m done for now. I will have one more livestream later today. Thank you for watching this video. If you enjoyed it, consider subscribing to my channel. Perhaps, your trading and investing karma will go up. What goes around comes around.
