Technical analysis is one of my hobbies and I like it when certain patterns play out as expected.
For several weeks, I have been having an eagle eye on TRON, and looks like the compman is ready to go.
The compman, or composite man is the market mover. He buys his shares low, fills his warehouse with juicy coins, and pumps the price when loaded.
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Wyckoff reaccumulation phase D. The phase where price shows SOS (signs of strength) is now clearly visible on the chart. Price makes higher highs and candles close higher than the range it was bound in. Followed by an increase in volume, this pattern screams for more upside, lots of it.
So if you are a TRX hodler, good times are coming your way. Targets are obviously the 5 cents psychological resistance, next we are looking at 55 cents and 75 cents as mayor resistance.