✅🔥CEO TRX and HUOBI going to buy FTX! TRX to the moon❓
🔥 Hi friends! Justin Sun is an owner of Tron Network (TRX) and Huobi exchange. The latest data shows that almost 80% of Huobi reserves were withdrawn from the exchange due to FTX collapse. This is a largest outflow among the largest crypto exchanges. Additionally, Justin Sun wants to buy parts of FTX to be the leader at the US market, so it’s a good news.
✅ I think that TRON is continue to grow because its largest network for USDT holdings. TRC-20 is the most cheapest network for deposits.
Friends, take a look on chart. There we can see the flags which mark the DUMP-PUMP pattern on TRX. This altcoin fall so hard, but also grow so high and this pattern has almost 100% win rate. Now the price make a huge DUMP and we need just to find the best entry point.
📊 The main precondition to open a trade is at squeeze to the trendline. These squeezes happen just before the breakout, so it’s nice place to open a trade with short stop loss and HUGE RR.
🚩 The bullish BTC is a must have during such squeezes. The alt coins price need new fresh money and they are coming only when BTC grow.
TRX has a strong resistance at $0.060-0.065, but first of all it should break the key level at $0.0563. These will be the 2 local targets for TRX.
I will make the huge update with the global targets when the price make HH and HL at the 1d-1W timeframes at least. Now we need only the local targets until new bullish BTC start.
Friends, what do you think about TRX? Does it have a potential to return to its ATH? Write your thoughts in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
✅ I think that TRON is continue to grow because its largest network for USDT holdings. TRC-20 is the most cheapest network for deposits.
Friends, take a look on chart. There we can see the flags which mark the DUMP-PUMP pattern on TRX. This altcoin fall so hard, but also grow so high and this pattern has almost 100% win rate. Now the price make a huge DUMP and we need just to find the best entry point.
📊 The main precondition to open a trade is at squeeze to the trendline. These squeezes happen just before the breakout, so it’s nice place to open a trade with short stop loss and HUGE RR.
🚩 The bullish BTC is a must have during such squeezes. The alt coins price need new fresh money and they are coming only when BTC grow.
TRX has a strong resistance at $0.060-0.065, but first of all it should break the key level at $0.0563. These will be the 2 local targets for TRX.
I will make the huge update with the global targets when the price make HH and HL at the 1d-1W timeframes at least. Now we need only the local targets until new bullish BTC start.
Friends, what do you think about TRX? Does it have a potential to return to its ATH? Write your thoughts in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
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