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TRX 1D Cup and Handle

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All bullish sigsn. Broke out of falling wedge and looking for support now. IF BTC doesn't do anything stupid, than this will go take-off !

注释

4HR chart.
You can clearly see that the upper resistence from the chanel turned into support now.
That is important to hold.

注释

TRX is being squeezed between the Fibonacci and the EMA's. It didn't moved lower for a while and this means the price (lower) is being supported big time.
In other words:
Its time... Believe me (my feeling exceeds my knowledge in prediction :)

Trade safe and have a nice weekend ya'll !

注释

Right on track. See chart for further info.
Please do mind... TRX is going for a long way. People thinking this wil be a fast pump and dump are dumb. You see guys on twitter and here thinking this coin is going up for maybe a 30 percent or something or even folks saying they'll buy more around 700 SATS. LOL. You can wait for a long time folks.

Mind the volume. It's nothing compared to what TRX normaly has on trading volume and especially nothing compared to what it will be having when the rally really begins.

Stay safe, trade safe and profit :)

注释

If you look at TRX on a shorter time frame you can see it has some resistance at the 1.0 Trend-based fib extension level. If it manages to break that level and find support on top of it, expect TRX at least to go to 966 Sats. For a good chance of support watch the 4HR candle close above 915 sats and hold.