Hello everyone, once again, we are looking at Tronix (TRON/TRX), which has been incredibly bullish recently, surpassing our previous target at 0.00000588 BTC and hitting 0.00000645 BTC top. TRON/TRX seems ready for another run upwards, as a bullish pennant is forming right after our previous run, a very good sign of a potential move upwards.
Because trend lines can be difficult to narrow down precisely, I've placed two potential bullish pennants to be flexible. Fortunately, they both have the same target point, but are still useful for determining stop orders.
Assuming a buy-in at the current price, 0.00000527, this can easily result in around 68%-72% gains depending on your exit point. As always, wait for confirmation, and trade with care.
If you like my analysis or I helped you in any way, feel free to send a tip:
BTC: 37Y9BfaRS65fAXK3swnW8EWG9NDPeF2wrM
ETH: 0x97F20b3536dB21C07691fD46e021bCDd8e49483e