I have been looking closely at TRX over the last few weeks, I can now see that last night it bounced off the .618 retracement level and I think it might potentially form another bullish wedge ( Downwards pointing Elliot wave ABCDE triangle ). I think that if we start seeing the wedge completed then it would signal a good time to start laddering in orders in order to benefit from the potential rise of TRX. At the end of the wedge the vast majority of sellers will have sold and there will only be buyers left so this would be a very good time to get some TRX as it could very violently pump up. There is potential for a modist 101.31 % profit.
However please do note that currently all currencies are following BTC so make sure that BTC is looking bullish before risking your money. I would note that TRX seems to be a high risk high reward currency right now with big market fluctuations in short periods of time.
Legal Disclaimer: This is only my opinion, how you interpret it is completely up to you. What I mean by this is that I am not giving you advice or recommendation to buy or sell anything! This information has been made for informative and entertainment purposes only.
