Technical analysis by Intuit about Symbol TRX: Buy recommendation (12/4/2024)

Based on wave theory, the new supercycle should begin with a wave that is similar in strength and size to the end of the last supercycle, which happened in 2018. The yellow bars overlayed on the chart are a copy of the daily bars from the move on TRX at the end of the supercycle in 2018.If TRON continues to follow a similar pattern, then it would run towards $29 by the first week of January. I will publish this chart now so we can track its progress, because now it seems like we've finally had a move up that was strong enough to confirm the bear supercycle has ended on TRX.This will also just be the first move up for TRX, and after a correction it should be followed by a move which takes it even higher than $29 later in 2025.