JohnnyPurtoy98

TRXUSD Breakout?

Lång
BITFINEX:TRXUSD   TRON
The price seems to have broken out the falling wedge, it looks like the price has managed to gain a small amount of momentum over the past few days. This is good news for this pair as if the price is able to hold this level and bounce off the broken resistance level we could see a massive bullish push. We would need a better signal before placing trades on this pair, if the price moves back down and bounces, this would be a good enough signal. The price seems to have lost most of its momentum and loads of candles are forming with large wicks, this is not a good sign as it shows that the price is struggling to hold this level. I will keep this post updated over the coming weeks

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