TRON / Bitcoin
Updated

TRON : Another anatomy of a scam coin

3 836
Hi traders,

This is now getting hilarious.
Here is a perfect exemple of a fraudulent pump and dump scheme. Welcome to the unregulated markets wild west.
Same thing is happening to Verge, and this pump and dump happened with Ardor as well.
Looks like a typical success from some whales to steal the average person's money as long as they can in this crashing market...
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Ok ok, i decided to stop criticizing Tron i know lots of people like it a lot.
Here are some key levels to watch
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So far Tron struggles to settle over the main resistance.
Let's see if bulls can create a 1 day candle above it, this would be very encouraging.
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Landed right on the support and bounced on it
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This was a very important sale, i will not comment about it though :-)
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So far, supports held Tron very well
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When you realize the support was correct :
Went below it after Bitcoin short squeeze which is completely normal
And now Tron is trapped under the ex support that became a resistance :D
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Resistance pierced as expected, and now Tron is resting above it, using it as a walking dead in a sleeping state... which is a buy signal if you believe in this coin and expect Btc not to fall.
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Le breakout

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