Tron (TRX / USD) was able to generate a new ATH on 30.04.2018. During the consolidation phase in the first quarter of this year, Tron formed a bottom formation that was indicative of a trendless sideways market. The prices fluctuated between $ 0.02 and $ 0.05 pretty much back and forth.
In recent weeks, however, it was noticeable that the volume in the market with rising prices began to strengthen and the course prepared for an outbreak to the top, which on 23.04.2018 also succeeded impressively.
So far, however, a classic pullback to the breakout zone from the top is missing as a setback of this impulsive increase. So I see correction potential in the range of $ 0.06 - 0.05 as realistic. At the latest there, the course should find support, in case the Tron now introduces a correction.
This is NOT investment advice and does not require buying or selling. Every reader is aware of this and makes their own investment decision with their own understanding of risk management!
Cheers Jessy
