Hello Crypto Family.
Today we have TRON on our radar.
One of the few which is actually growing.
This is solid project with experienced team on board. tron.network/enabout.html
In terms of market cap it is in top 10. Decent rates on coingecko (72 %) where it's ranked on 8th place just behind the NEO and EOS.
Good rating on coincheckup 4.2/5 stars (again in top 10).
Today`s volume over 3.3 Bln $ . Last 11 out of 13 sessions were green.
It has a lot of liquidity (Binance, Bittrex, Bit-Z, OKEX, Bitfinex and more).
They launch Testnet tomorrow which can be the reason of the upward movment but not necessarily.
Some technical analysis details:
- It seems that Shoulder-Head-Shoulder pattern didnt work out.
- We are at the bottom comapring Dec/Jan and we have strong up movement.
- MACD positive divergence - strong buy signal
- DMI bulls cross
- The chart crossed SMA50 chart
- Strong Volume
Fibonacci Levels:
1. 0.00000749
2. 0.00001039
3. 0.00001273
4. 0.00001507
5. 0.00001841
6. 0.00002023 (ATH)
Time frame 1-3 months depending on the market.
What do you guys think? Share your ideas and thoughts with us. We need you, we want you! Hugs!
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