#TRON with the symbol #TRX has broken its all-time high!
2024-11-23

Recently, in the Telegram group, I mentioned that #TRX was increasing in price within an ascending channel, and I issued a buy signal right at the Buy Stop line. Now we can see that the price of this symbol has surpassed its previous ATH.
According to the Elliott strategy and also two technical analyses, the Fibonacci channel (thick orange lines) and Andrews Pitchfork (dashed lines), we can observe that #TRX is exiting the channel and heading towards the top line of the pitchfork. According to a general rule, when a symbol exits an ascending channel, it can (note I said can) experience a price increase equal to the width of the channel. You can follow this symbol up to 161.8% (golden ratio).
Based on this analysis, I added #TRX to my asset portfolio today.
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