Short
TRX Possible Route
Hello friends,
I believe this to be the short term route for TRX for the next days.
Key factors:
1. There is a potential double bottom in the works which could be followed by a small pump at the end of the move.
2. There is a potential bullish Gartley formation, which suggests the pump at the end of the move.
3. The 200MA has to be broken violently in order to go for a bull run. As long as the price is under the 200MA, our view remains either bearish or sideways.
If you enjoyed reading please give it a like. All comments are greatly appreciated. Thanks.
Robertus
I believe this to be the short term route for TRX for the next days.
Key factors:
1. There is a potential double bottom in the works which could be followed by a small pump at the end of the move.
2. There is a potential bullish Gartley formation, which suggests the pump at the end of the move.
3. The 200MA has to be broken violently in order to go for a bull run. As long as the price is under the 200MA, our view remains either bearish or sideways.
If you enjoyed reading please give it a like. All comments are greatly appreciated. Thanks.
Robertus
“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
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.
“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
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.