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realJutsin

TRX in an ascending triangle (inside another ascending triangle)

Long
TRON / Bitcoin (BINANCE:TRXBTC)  
realJutsin Updated   
BINANCE:TRXBTC   TRON / Bitcoin
Trend Analysis Chart Patterns TRX TRXBTC
5
4
trendanalysis chartpattern trx trxbtc
TRX appears to be nearing the apex of a small ascending triangle (blue), while also approaching the apex of a larger ascending triangle (purple). We've broken out above the purple trend/resistance line previously, but dropped back under during a recent BTC 'dump'. If BTC continues sideways or up, I'm expecting TRX will break upwards.
Comment:
It looks like we're currently breaking up out of both the large and small ascending triangles. Good times!
Comment:
Just an update to say that TRX has been going HAM since breaking out of it's two triangle prisons. I haven't really bothered with TA on it since - I'm pretty much holding now throughout May until we get closer to MainNet (to decide if I sell the news or not).

Good luck, everyone!
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