SUMMARY
Note: This was my fortune cooky today. Cool!
Here is a very textbook looking symmetrical triangle of Tron (TRX) back in November. It was a consolidation pattern to churn the price of the recent rise from near zero. Price was also proximal to the apex.
The symmetrical triangle broke out with a massive surge to put in a 1,074% profit. The rise was vertical as per the Hurry UP & Wait Syndrome!
Present day, here is a very textbook looking symmetrical triangle. The white arrow shows bias towards an upside breakout.
A 1,074% rise would equate to $0.3858. A rally from now into July would provide an ideal timeframe.
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thanks for sharing! I still think tron is not a good idea, just look at their code base...
So you are saying we SHOULD listen to your fortune cookie? Sounds good to me!! lol
ALL IN!!!
Buena información
Nice cookie!:) Would be ideal with an update on Verge soon:) Looks as if the 5 wave impulse is complete? I hope the consolidation will retrace price to 700-800!
Will do. A bit backed up with requests but will definietly get to it today. XVG/BTC pair?
Please do a XVG/USD pair.
Also, I think it has a cup and handle on both pairs!
yes, even on the XVG/BTC pair, there's a beautiful cup & handle pattern on the 15min chart. And guess what, the handle is about complete.
ohhhh yeah!
You saying its about to break out of a cup and handle and continue and upward trend??
Thank you so much! XVG/BTC would be nice:)
WTF Is A Fortune Cooky???
not going to happen, not before the 17th and the partnership announcement. One higher high is expected.
700-800 some time after the 17th would be just fine:)
Verge is going up because of the pending Partnership Announcement.
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@haejin Nice post, share some chart on litecoin (ltc) thanks!
TRX is very similar to XRP to me. Although I think they both have a great potential in the future, the buzz around them sometimes seems to outweigh their real volume or value. I'm interested to see what happens in the long term for both of these, and I must admit that I have a little bit of each in my bags :). -Respect
Great analysis on Tron Haejin. I think the potential is certainly there. Interestly enough, Justin Sun (Tron CEO) announced today an election that will be held using TRX . Things that make you go "hummm". I covered it in this post if your interested:
https://steemit.com/cryptocurrency/@workin2005/tron-trx-holding-super-representatives-election-via-trx-coins
So you say we will listen to your luck cookie? I feel good !!
WTF Is A Fortune Cooky???
lets start mooning!
well its frustrating. when trn test launched price felt down and now we are heading towars mainnet on 31 May, 2018, now price is also falling down, whereas BTC price has been lifted up. When we see all cryptocurreny, major coins are green except TRX which is position at 13 at the moment. I don't know what is the reason behind it. bedside that @haejin done sone facinating and gorgeous work to share this post. I wish price would be as he has predicted
Regardless of whatever people here say about you, you remain one of the finest crypto analyst out there. I have been following you for a while now and I dare say, at the risk of sounding verbose, that your predictions are mostly accurate. Keep up the good work, you're raising heroes already.
Regards.
like a lot tron and own some. never understood why so much hate on it. it is a really long term solid project.
Coins mentioned in post:
Thanks for this! Can we see Expanse next?
More haejin spam posting. Completely shameless.
WTF Is A Fortune Cooky???