TRXUSDT | TFW Wave Analysis | Massive Bull Move +150%
Price action and chart pattern trading setup:
> A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support.
> The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09.
> Indicator: both Money Flow and RSI bullish divergence in daily timeframe - strong signal for a possible upcoming reversal pattern.
> A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support.
> The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09.
> Indicator: both Money Flow and RSI bullish divergence in daily timeframe - strong signal for a possible upcoming reversal pattern.
Trade closed: target reached
confirmed trend reversal to decline side, possible head & shoulders - take profit
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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.
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.