TRX in an ascending triangle?
TRX appears to be adhering to an ascending triangle after it's recent move up. I think, fundamentally, TRX is bound to have more moves up in the next 9-10 days (e.g., due to MainNet launch); however, it's good to see the technical analysis appears congruent with this direction.
Based on the apex of the triangle, I'd expect a move either way within the next 3-4 days (my bias is bullish still).
Based on the apex of the triangle, I'd expect a move either way within the next 3-4 days (my bias is bullish still).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.