Tron (TRX) Bulllish Bat (0.886 or 786)

I've noticed that TRX may be forming a Bullish B-886 pattern. This probably cannot be relied on, but if it does go through and can hold the 524 levels, it is a good time to buy in.

If it does hold the 600 sat level, it could be an imperfect Bullish G-786 pattern. Either way, TRX is looking very promising in the short-medium term.

Therefore, if it can hold 600, buy in there with a sell target of 844.

If it drops below 600 but holds 524, buy in there and set a sell target of 823.

Therefore, have a stop loss at 600 and 520, respectively.

And according to one of the top tradingview Bitcoin analysts, we will be above 6000 probably for a while, so this trade may be safe to take if you believe bitcoin can hold or exceed its current levels. Tron is also going to announce a "secret project" in around 26 days, so perhaps that may influence the price.

Thanks for viewing and please leave any criticisms in the comments below.

Commento:

The 0.786 Bullish Bat.

Commento:

I sold most my TRX at 606 due to the heavy resistance, currently looking to re-enter. If we cannot close above 600, the best move will just to sell.

Commento:

Probably going to drop a few more sats

Commento:

Guys the moment is here. Currently have moved some of my bitcoin into trx right now, with a stop loss of 520.