Not sure if its because I had no sleep the past 16 hours, but I believe we have a giant symmetrical triangle on an uptrend for the 4 hour TRX chart forming since the beginning of the month. You know what that means, a nice giant measured move up if the triangle completes and a breakout occurs. So far most of my triangle calls from previous TA have been predicted. Just wanted to throw that out there. There is a lot more I can say about this chart, but my eyes are getting very droopy now and I simply wanted to give most of you a heads up so you can do some further analysis for yourselves and see what you come up with, lmao.
But not without some healthy retrace first. The RSI at the top of the indication and the MACD says we are due for a retrace first then some consolidation towards the end of the triangle. Afterwords a nice potential shoot up. Easy peasy, Japanesy.
Like me! DOooo it!! Muchas Gracias Amigos and Amigettes.
But not without some healthy retrace first. The RSI at the top of the indication and the MACD says we are due for a retrace first then some consolidation towards the end of the triangle. Afterwords a nice potential shoot up. Easy peasy, Japanesy.
Like me! DOooo it!! Muchas Gracias Amigos and Amigettes.
Comment:
Going as planned. Going to re-analyze when getting closer to 800 satoshi's. Also appears are on wave three of wave three so expect a big retrace around the 700-800 satoshi area.
Comment:
TRX stopped right at the price objective measured. at .815 before retrace.
Trade closed: target reached
