The young man's resume is impressive and I for one and not betting against him. He says there's news coming. Given his pedigree, I'll be very disappointed if it's a significant announcement.
-Creator of Peiwo App
-Forbes 20 under 20,
-Forbes 30 under 30,
-One the the first students of Hupan University (Understudy of Jack Ma -owner of Alibaba and founder of Hupan University),
-Alibaba delevopers on team/board
-Ripple chief representative of Greater China
Over the next to 1 1/2 -2 days I anticipate BINANCE:TRXBTC to continue to pull down into the green denoted on my chart.
With the rise in price of BTC , COINBASE:ETHBTC and COINBASE:LTCBTC , I anticipate many to keep money there.
This should help continue to pull BINANCE:TRXBTC down into the area denoted on the chart by the thumbs up.
I will be looking to add BINANCE:TRXBTC in this area and could be a great place to pick some up for a short trade.
This would be a good entry point for someone looking to get started with BINANCE:TRXBTC because of the strong resistance levels in this area.
1. Combine a reasonable entry point with a well publicized announcement this weekend of a NASDAQ listed company partnership and the possibility exists for a short and profitable trade with measured downside risk.
2. In the worst case scenario, the news is already priced in. You have to hold the coin at a good entry level until the money comes back from BTC , COINBASE:ETHBTC and COINBASE:LTCBTC .
I'm doing my best to reputation up, so if the idea rings true to you - hit up the like button ...