*TRX/BTC looks to be ready to complete a rising wedge pattern.
*Decreasing volume is a good indication, look for an expansion of volume on the support break.
*A good entry would be to enter below the last low reaction
*Look to take profits on the 4H 200EMA area
*Decreasing volume is a good indication, look for an expansion of volume on the support break.
*A good entry would be to enter below the last low reaction
*Look to take profits on the 4H 200EMA area
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Massive move up negated the rising wedge.
*Tip: Always wait for confirmation. This was a good example of a nice looking bearish setup that entered too early would've been nasty. Always wait for confirmation.
*Tip: Always wait for confirmation. This was a good example of a nice looking bearish setup that entered too early would've been nasty. Always wait for confirmation.