gillianpatrice
Panjang

TRON/BTC - Buy low sell high

BINANCE:TRXBTC   TRON / Bitcoin
Tron has experienced pump and dump cycles 3 times in the past. We can expect mean reversion to occur ie: price will return to equilibrium of 50% of the drop.
Currently we are at support and I am looking to enter a long position trade. The levels of resistance are shown by the blue lines - overlapping retracment levels of the drop and extensions of the various bull moves.
Eventually we will see this coin rise. The team is good, the market cap is in the top 15 coins, the concept is brilliant. A great coin that's been on my radar to include in my portfolio long term.
@gillianpatrice Ever noticed that the price is being manipulated? Take a look: https://etherscan.io/token/Tronix?a=0xb287a379e6caca6732e50b88d23c290aa990a892
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