(TRAC) origintrail "ICO"The origin story of origintrail (TRAC) appears to show funding in the form of ICO, crunchbase.com data metrics.
Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.
Origintrail
TRACUSDT 300% Surge, Bull Flag Revelations, and a $1.24 ClimaxOriginTrail has been turning heads since October 2023, putting on a performance that even the most seasoned traders can't ignore. TRACUSDT has been of of the starts of the show, boasting a jaw-dropping 300% growth! But, traders, the plot thickens as we enter the realm of a strong correction—a market drama that's still unfolding as we speak.
Now, let's talk plot twists. Recent price action has us buzzing with excitement—breaking through the $0.46 resistance and unfurling the bull flag pattern. The verdict? A resounding thumbs up for a strongly bullish trend. Cue the drumroll, please.
In the midst of this crypto spectacle, a golden opportunity emerges. The current pullback could be the perfect entry point for the bullish heroes among us. Right now, we could be at the the risk-reward sweet spot, with our sights set on an epic final upside target at $1.24.
If and when TRAC achieves this feat, get ready for the grand finale—an awe-inspiring 122% growth in the upcoming month or two. The stage is set, the actors are in place, and OriginTrail is ready to steal the spotlight once again. Stay ready traders, because this crypto thriller is about to reach its climax!
A Variation Of The Ascending Triangle On The Weekly TRACETHOrigintrail has a history of outperforming ETH. This looks like a variation of the Ascending Triangle Pattern. With a well-defined horizontal level of resistance.
A very nice looking chart that complements the TRACUSD chart I have also linked to below.
Giant Symmetrical Triangle TRACUSDI think this is the coolest chart pattern in crypto i have found. It's a weekly on the OriginTrail token TRACUSD.
Showing a giant symmetrical triangle, with a well-defined level of horizontal resistance running through the middle of the triangle.
Notice also TRACUSD loves to retrace to the 4.236 Fibonacci level after each decline.
The minimum target of this breakout is around $2.50 which is the length of the vertical side of the triangle. This also happens to coincide with the all-time high, making it an important level.
However, the ultimate price target for this would be the 4.236 extension to around $14.84!
Only time will tell if this pattern will play out, however it's a very nice looking chart. Do you agree? Comment below.
Ichimoku Analysis for TRACnext strong resistance is around 0.54.
If you are not long then wait for a pull back till 0.34 or for closing above 0.54.
If you are already long then you sl should be around closing below 0.32
TRACBTC Cup & Falling Wedge With Trendline Support ConfluenceBullish chart patterns for TRACBTC / OriginTrail. A Cup & Falling Wedge handle with
trendline support & hidden bullish divergence on the RSI. This is on a weekly timeframe
on logarithmic scale.
I think a massive outperformance of TRAC to BTC will occur very soon.
Also check out my idea on the TRACUSD pair where the 4.236 Fibonacci extension has
pinpointed the top 3 times in the past.
TRACUSD Fibonacci Extension TargetsTRACUSD or Origintrail has topped out 3 times in a row at the 4.236 Fibonacci extension.
Assuming the bottom is in at $0.185, the next target will be around $14.35.
The TRACBTC pair also looks bullish with what looks like a variation of a cup and handle
forming amongst some other patterns. Will post that chart soon.
OriginTrail TRAC Price Targets and Stop LossTRAC/USDT
Entry Range: $0.60 - 0.072
Price Target 1: $0.94
Price Target 2: $1.10
Price Target 3: $1.31
Stop Loss: $0.54
2022 Q1 target $55$TRAC has been forming an arc since March this year. We will see some spikes up and down but IMO will be following this arc until completion.
Some recent developments:
Aaron Bradley (KG Strategist at EA Games) has joined the advisory board alongside Bob Metcalfe, John Keogh and Greg Kidd.
v6 of the OriginTrail software will be available to test soon on the test net. v6 will enable trillions of assets to be uploaded to the DKG (worlds first Decentralized Knowledge Graph).
BSI recently announced they will upload 200K annual certificates to the DKG.
Listed on Coinbase as the first supply chain token before being listed on any other T1 exchange.
Partnered up with Wintermute.
And more.
Follow me on Twitter for more short term updates @monkaSam
TRAC New Target3 hits at 78% fib level. seems to be respected. 4th possible, could see an explosive rally from that point out. RSI and MACD creeping up.
Things are looking good for OriginTrail. With the recent developments and BTC's bull run we are headed back to testing 50 cents and currently coiling. If this target is confidentially broken the next area of tests should be around 70 cents.
Another possibility is a huge spike breaking 70c and reaching a new ATH.
Not financial advice. DYOR and buy the dip!
Retrace complete. 2 TargetsVery nice retracement to 61.8% fib level, as expected.
1H chart: Price action and 100 MA nearing.
2H chart: MACD looking bullish . Testing resistance level .
4H chart: 100 MA still in an upward trend.
Expecting the following targets very soon
1 - ~1300 sats
2 - ~1580 sats
If we can break 1580 I'm expecting a large rally possibly seeing a new ATH going into October.
Disclaimer: This is NOT financial advice. Do your OWN research.
TRACUSD - Origin Trail vs DollarVery strong bullish movement after a little correction (confirmation).
TRAC - V2 - The supply chain rocket ship; round 2TRAC - V2 - The supply chain rocket ship; round 2
I wanted to refine this longer term look at TRAC price action. Lets see if these channels play out. I like fractals and channels, can you tell?
See attached idea for spiel.
Gone up a lot. Will go up even more. Still not on any of the big exchanges. That may be its undoing if they won't let them in.
All aboard.