TRON on 220% Gains in Short - MID TERM (LOW RISK)
MEMBERS ONLY
ANALYSIS
MACD and RSI are positive on 1 Day charts, however there is still room for us to come down a bit more before TRON can rise again.
TRON appears to be in a descending accumulation stage just like Verge is.
INTELLIGENT PREDICTION
(1 - 7 Days) Short Term expected gain -15% to -5% (HIGH RISK)
(1 - 3 Month) Mid Term expected gain 150% - 220% (LOW RISK)
(7 - 18 Month) Long Term expected gain 1,000% - 1,900% (LOW RISK)
NOTE - stop loss is on chart only for risk reducing purposes. We do not recommend getting out of TRON if you're able to hold minimum through February.
REASON FOR PRICE RISE IN MID-LONG TERM
TRON is working on numerous partnerships in long term. Recent partnership which is supposed to be with a Chinese 'SpaceX' company Spacety will be huge for TRON price movement. Reminder that it has not yet been publicly announced and the only way we speculate about it is because Justin Sun mistakenly tweeted out an article that was published but later deleted on 'Medium'. We believe that the reason for deletion of that article was simply negative timing due to January market correction. We strongly believe that news of partnership will again surface around February in a more official form as market stabilizes.
ANALYSIS
MACD and RSI are positive on 1 Day charts, however there is still room for us to come down a bit more before TRON can rise again.
TRON appears to be in a descending accumulation stage just like Verge is.
INTELLIGENT PREDICTION
(1 - 7 Days) Short Term expected gain -15% to -5% (HIGH RISK)
(1 - 3 Month) Mid Term expected gain 150% - 220% (LOW RISK)
(7 - 18 Month) Long Term expected gain 1,000% - 1,900% (LOW RISK)
NOTE - stop loss is on chart only for risk reducing purposes. We do not recommend getting out of TRON if you're able to hold minimum through February.
REASON FOR PRICE RISE IN MID-LONG TERM
TRON is working on numerous partnerships in long term. Recent partnership which is supposed to be with a Chinese 'SpaceX' company Spacety will be huge for TRON price movement. Reminder that it has not yet been publicly announced and the only way we speculate about it is because Justin Sun mistakenly tweeted out an article that was published but later deleted on 'Medium'. We believe that the reason for deletion of that article was simply negative timing due to January market correction. We strongly believe that news of partnership will again surface around February in a more official form as market stabilizes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.