TRON May 31st Idea; Testing Previous High?
Updated
Here is the general path I see TRON taking leading up to the May 31st Mainnet Launch. In addition, for those that don't know, you should go to TRON's website in order to decide the best way to get your tokens transferred on June 23-24th from ERC20 ETH tokens to the new TRON tokens (own blockchain). There will obviously be a pretty descent selloff (probably down to 50%-60% retracement level) after the launch, but I would imagine many people are going to hold some tokens as TRON will be competing directly with ETH after this launch. Personally, I think TRON is a better token, but I am not going to go into all those details. Therefore, I think any price prediction on ETH past this date should consider this launch as a variable in that prediction. For that reason, selling off into BTC might be a better option than ETH, but perhaps initially it won't matter since it will take time for TRON to show its true possibilities.
Note
Will people be willing to let go of their TRON? I hope we see a correction, but just not sure if there are that many people "dumb" enough to let go. No disrespect. This launch is huge. Definitely not a time to sell by any means.Note
This is looking good. .92-.98 are definite entry points. Let's see how close we can get to that support line.
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