TRX appears to be nearing the apex of a small ascending triangle (blue), while also approaching the apex of a larger ascending triangle (purple). We've broken out above the purple trend/resistance line previously, but dropped back under during a recent BTC 'dump'. If BTC continues sideways or up, I'm expecting TRX will break upwards.
Note
It looks like we're currently breaking up out of both the large and small ascending triangles. Good times!Note
Just an update to say that TRX has been going HAM since breaking out of it's two triangle prisons. I haven't really bothered with TA on it since - I'm pretty much holding now throughout May until we get closer to MainNet (to decide if I sell the news or not). Good luck, everyone!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.