looking forward to exit TRX soonlike last upswing with the double bottom entry now its time to look for exiting the TRX position
Market insights
TRON/USDT - Butterfly - Bearish Reversal Pattern - HarmonicsTRON/USDT looks to be forming a bearish reversal pattern, Butterly. Pattern will only be confirmed after breakout of Point B where we are looking to long until Potential Reversal Zone (PRZ). We are expecting price reversal from Point D or PRZ creating lower highs and lower lows!
tronIt is not a buy or sell signal and is purely a personal analysis
Any purchase and sale is the responsibility of the person.
TRX at Key Support levelIf broken, likely to fall to .01818
MACD / WWV / Squeeze Momentum all suggesting pressure to the downside
Can Tron Increase By 250%Tron is a blockchain platform that is designed to be the foundation of a decentralized entertainment platform. The cryptocurrency has thus far been the superior contender in the “dApp wars,” as Tron dApps have significantly more active users than those of their rivals, Ethereum and EOS.Tron has also recently amassed some great partnerships and has announced some major upgrades on the way to both Tron and BTT. With these upgrades on the horizon, we decided to take a look at whether Tron has the potential to increase by 250% by the end of 2019. We will look at the positive drivers that might help this occur, as well as a potential negative driver which might hold Tron back. Tron does have a strong potential to increase by 250% and reach $0.08 before the end of 2019. This will largely be helped by the introduction of BitTorrent Speed and the integration of ZK-SNARKS privacy technology. However, like most ICO coins, overregulation could really damage the growth potential of Tron. We will have to wait until the SEC release more information on how they will plan to go ahead and regulate any coins.
