After TRON Mainnet Beta release (31st of March), a correction occurred due to hyped price.
There is two price reversal areas which are easy to spot. Second one is a higher low that means TRON is in a bullish price action.
I think this up trend will continue up to 25th of May and will reach one month ATH (1000 satoshi level).
And there is an important Mainnet launch on 31st of May.
When we apply Fibonacci retracement lines, the next target price will be around 1320 - 1400 satoshi's at the end of the month.
You can also check my Tron / USD analysis here:
TRON - Breakout very soon
There is two price reversal areas which are easy to spot. Second one is a higher low that means TRON is in a bullish price action.
I think this up trend will continue up to 25th of May and will reach one month ATH (1000 satoshi level).
And there is an important Mainnet launch on 31st of May.
When we apply Fibonacci retracement lines, the next target price will be around 1320 - 1400 satoshi's at the end of the month.
You can also check my Tron / USD analysis here:
TRON - Breakout very soon
Nota
0.786 Fibo level exactly reached.A pennant is forming and then up to 1050-1100 satoshi's.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.