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Morpheus_RED

Tron/TRX BREAKOUT (Cup & Handle + Bull flag)

Long
TRON / Bitcoin (BINANCE:TRXBTC)  
Morpheus_RED  
BINANCE:TRXBTC   TRON / Bitcoin
Trend Analysis Chart Patterns Technical Indicators tronbtc
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trendanalysis chartpattern indicator tronbtc
On the day chart for TRON/TRX we can see a Cup and handle forming. We might have a small retrace, buy orders can be place at 585 satoshi.
The bull flag pattern however suggests a breakout after the cup and handle has formed.
Profits can be taken at;

The 0.236 retrace (715 satoshi)
The 0.382 retrace (976 satoshi)

Happy trading, enjoy the profits.
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