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Tron has formed a standard ABC correction after a powerful extended 5th impulse. My take is that this correction will be longer than expected. If you check my previous post on Tron you can see that I presented a second scenario which is a longer correction.
I know many of you bought the top and don't know what do to with this coin. I'm not here to tell you what to do but if I was a long time hodler then I would just try to ride out the correction. I'm only interested in the technicals and haven't really found anything special with this coin. However when it breaks out it will impulse pretty quickly. There's also a case where the correction will be forming a cup and handle, and we all know what happens after the handle is completed; major impulse!
What's your take on Tron? If there's anything you would like to add about this coin, please upvote and comment below and I'd be happy to discuss this coin. Also if you want to join my free fund, please check the pinned post on my Twitter.
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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.
