Over the course of a few weeks, TRX has produced a clear pennant pattern. This signal is based on the premise that TRX will follow this pattern in the near future.
As seen on the chart, TRX is currently seeing a period of consolidation within the yellow rectangle. In case of a bullish break of said rectangle, I'm expecting the price to move towards the top of the pennant.
Always keep an eye on BTC when trading alts.
Happy trading!
As seen on the chart, TRX is currently seeing a period of consolidation within the yellow rectangle. In case of a bullish break of said rectangle, I'm expecting the price to move towards the top of the pennant.
Always keep an eye on BTC when trading alts.
Happy trading!
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