
Quick Post
18h ago · 1 min read
$TRAC is beginning to lift up off of it's HTF accumulation zone once again, after another couple of months of accumulation.
Each prior rally off of this zone has failed, but eventually one won't and at that point it will be too late to accumulate at deeply discounted prices.
We can take a look at the TRAC/BTC pairing for a clue as to when we may be getting ready for some serious expansion.
TRAC/BTC is basically currently deviating below a clean HTF range, with 2 attempts at a reclaim already. We now look to be getting ready for a 3rd attempt to reclaim our HTF/macro range lows.
Once we successfully reclaim this level we have a 200+% rise to the range highs, which should easily send $TRAC past the built up series of lower highs and into the $1.50+ region for a cool 5x to start.
Personally, I'd prefer if we fail this reclaim again because I don't quite feel like I've accumulate as much spot as I'd like just yet- but I have a feeling TRAC won't wait for me to accumulate much longer.
If you haven't done your due diligence on $TRAC yet, do it now, because if you keep putting it off it may be too late to establish a good position soon...
Author's Disclosure: No position disclosed.
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18h ago · 1 min read
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