HIGH RISK TRX Long Idea.
DYOR, however TRX has been highly bullish over last few weeks, as total locked value crossed 6 billion.
Expecting a successful quick scalp.
Might just make a downward head and shoulder and bounce back. lookout for whales and market volatility plus BTC trend it might cause a downfall.
This is my personal TA and and just an opinion, not financial advice DYOR!!!
1st outlook) breaks 200 ma, pulls back to neckline then goes upto rectangle if price doesnt go below neckline (50 ma crossing 200ma, death cross imminent watch out for rejection)
2nd outlook) goes to 200ma and falls down hard sl would be 0.08925 target price would be 0.08350