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Tronbtc

TRON (TRX/BTC) New Market Cycle (Long Term)On the fundamentals side, TRON is an emerging project with a strong core development team, along with a long term vision as depicted by their roadmap published on their website. Despite not yet being listed on major exchanges, TRX has seen a great surge in trading volume over the past weeks and have quickly gained market capitalization, from ranked over #100 to now being ranked #18. On the technical side, TRX has recently completed its market cycle as illustrated by the Elliot Wave Cycle of five waves in the direction of the trend and three corrective ABC waves. With volume surging in the past few days coupled with pennant breakouts and heavy support of the trend line, this signals an emergence of a new wave cycle. First Target: 436 Second Target: 650 Third Target: 850 Take profits at target levels and re-enter at the retracements.
Long
by DeejaiRiangkrul
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