TRIAS is mooning beyond comprehension.About TRIAS:
An all-platform-supported (Server, PC, Mobile, IoT, etc.) native-application-compatible smart contract execution platform, development framework and collaborating ecosystem. TRIAS aims to define a new-generation all-platform-supported public chain system. Trustworthy and Reliable Intelligent Autonomous Systems make people trust in machines.
You like PHDs? The project team has more than 20
You like Oxford university? The CEO is a PHD graduate from that university
You like innovative and creative companies? The project has 82 patents (one of them being used by Huawei)
You like safe sound and smart investments?
Technical Analysis:
Based on 4 hourly chart.
Bought at roughly $10USD on 8th May 2021.
Most recent breakdown and consolidation between 2nd May 2021 and 5th May 2021.
Fib resistance fans was used on the most recent breakdown and consolidation between 2nd May 2021 and 5th May 2021.
Higher Breakout 1 between 5th May and 8th May 2021. This is 1st shoulder, so we aiming for the Head then the 2nd shoulder.
Fib resistance 0.75 was spotted on 8th May 2021 where we see a rejection of red candle and reverse to a higher breakout. REFER TO GREEN LINE, REFER TO YELLOW CIRCLE.
Higher Breakout 2 started on 8th May 2021, ending on speculative next few days.
Current trend is uptrend.
Green line here = 0.75 fib resistance fan.
1) Drop below 0.75 fib resistance fan = retracement and turns to breakdown.
2) Maintain 0.75 fib resistance fan = reversal and turns to another breakout :)
Market Cipher B
5TH May 2021: Green dots were printed on the level 45, signaling the next break out. We see momentum wave from level 45 to level 90.
We need to see the same cycle basically for next week.
Price projection being CONSERVATIVE:
Since ATH is 21.9 (Green horizontal line), that will be used as the main resistance for the next leg up. We took 39 bars of 4 hour candles aka 6.5 days to reach a 274% profit from the 1st breakdown. Refer to date and price range 1.
16th May 2021: $37.60. Refer to date and price range 2. In between, there will be retracement and consolidation. As LONG AS we maintain 0.75 fib resistance fan = reversal and turns to another breakout aka the Head.
God bless.
