TRX I see a bullish pennant forming, leading to a +137% gain with a target of 0.00001294 BTC ($0.20 USD). Stop loss at 0.00000073 BTC.
This coin has done well for me over the past couple months, sometimes as much as 300% or more within a week.
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11 hours in and we're almost 50% to the target. I expect this run will exceed expectations, maybe 300% again instead of just 137%.
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second position to open.. I expect a short pullback here, or more sideways action, but may continue upward another +116% tomorrow.
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Just noticed my stop is way too deep on this one. Should be about 20%, not 40%. I was miscalculating based on the overall gain, not previous days gain.
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Stop loss fixed.. should allow for approximately 61% fib retracement from the current top, then, bounce, flag and rally again for +116% tomorrow. We may go for a third step in this, for an overall +300% by Saturday, which will push us to about +600-700% for the week.
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This is how tonight's retracement to the 61% fib line and bounce + rally tomorrow, should go. Get in at the bottom and maybe net an extra 10-15% above the 116% expected.
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Bull flag or pennant? I want to catch this rally if it starts early. Looks like we may break out and continue here shortly. No sleep for me.. wait and see..
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I'm not sure this is going to break out already, but if we break above 1200 sats, then it's buy time. 0.00001200 BTC is the place to enter, as it will be a new ATH. I thought this was done tonight, but maybe the 5am EST New York City boys are buying in this morning after waking up to +110% gains in 24 hours.
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First target reach, new target extended. I believe this new target will push us up near +135% after the completion of this consolidation period and the slight retrace we've seen. No where to go but up!
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As it goes in crypto: "Buy on the rumor, sell on the news"
Rumor has it that Tron will announce a partnership with a large retailer early next week. Maybe Sunday night for those of us in the US, this could mean a big monday morning rally.
The rumored retailer is Alibaba, or the equivalent of Amazon here in the US. It would be like Coinbase accepting XRP and Amazon accepting XRP.
I think it's entirely possible we may see +1000% for the 7 day period following the announcement. We've already seen similar weeks from Tron, although maybe not more than 900% in 7 days.