Tronix - Who Needs McAffee Pump and Dumps?(Trade this coin on Binance in my signature below)(And check out the cute bulls in the apparel shop)
TRX is one of the coins I've been trading but haven't been able to chart because Binance. Thanks TradingView!
This was McAfee's last call before he stopped doing Coin of the Day and got "hacked". As you can see, it didn't do much.
This coin has skyrocketed from under a cent to where we are now.
It may have some fundamental value and it may not in a sea of altcoins all promising the world and huge innovation, but, in any event, we're looking at a larger descending triangle on TRX and it gives us an opportunity to make a trade.
LONG
Entry: 235-245 Sats
Target: 355-365 Sats
STOP: 210 Sats
Target is based on the .786 fib of the most recent move measured from breakout to the top, which conveniently converges with where the ramp/mean/trendline from the breakout was broken.
Stop on this trade should be tight as a break downwards is likely to indicate correction and confirm downtrend.
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