Hello
*Note: please this information are for learning purpose only, don't buy or sell based on it.
TRX have a very bad reputation especially in USA and Europe, most people call it scam, but the good thing is that when it ride, it ride wildly, so as a trader that focus on making profits, this coins should be something that stay under your radar. (This is not an advertising for TRX)
So TRX make its fall as all the other coins since December, then it make a very good step by broking the "downtrend channel" in blue, then it start right away creating a triangle "in black" that mean that TRX will continue its way up, but just after broking the "up line" of the triangle.
We are now at the end of the triangle, any broke above it in the 4H chart will be a good sign for wild run, but a confirmation is needed as another green candle above the line of the triangle.
*Note: a Huge Volume is something very important with the Break, without it TRX won't Moon as expected. & the expected projected price will be $0.62
Thanks
Happy Trading
*Note: please this information are for learning purpose only, don't buy or sell based on it.
TRX have a very bad reputation especially in USA and Europe, most people call it scam, but the good thing is that when it ride, it ride wildly, so as a trader that focus on making profits, this coins should be something that stay under your radar. (This is not an advertising for TRX)
So TRX make its fall as all the other coins since December, then it make a very good step by broking the "downtrend channel" in blue, then it start right away creating a triangle "in black" that mean that TRX will continue its way up, but just after broking the "up line" of the triangle.
We are now at the end of the triangle, any broke above it in the 4H chart will be a good sign for wild run, but a confirmation is needed as another green candle above the line of the triangle.
*Note: a Huge Volume is something very important with the Break, without it TRX won't Moon as expected. & the expected projected price will be $0.62
Thanks
Happy Trading