Tron vs Tether Chart Analysis (TRXUSDT #6)

26 ott 2021

You know how I keep on repeating that all of the USDT altcoin pairs charts look the same, some are simply ahead or behind in a certain pattern.

Here is TRXUSDT, this looks like the Bitcoin (BTCUSD) chart or many of the Altcoins we look at and trade.

Notice that on 7-Sept. there is a strong drop.
Notice the correction from May to July and the bullish wave that followed.

Now we have consolidation, above-average volume coming in with bullish indicators.

Bitcoin went ahead, many of the smaller altcoin trading pairs we trade went ahead...
Tron (TRX) will also join the party and move as well.

That's my take from looking at this chart and also the overall market.

Enjoy.

Namaste.