NOT A FINANCIAL ADVISOR!
"Hated and cheap"...Hated probably by most and not sure about cheat...
it all depends against what you are comparing it to!
On the weekly TRXUSD seems to have formed a double bottom or a W accumulation pattern.
Some weekly/daily targets (possible) are visible on the chart!
Notice the higher highs and higher lows on the RSI.
Fundamentals apart...
"Justin or Vitalik?"
"Ah... but ETH 2.0 is amazing"...=> Not relevant!
Against ETH, you can see that there is currently a tripple bottom.
If it fails to hold, looks out below...at least the stoploss is not far away to confirm the tripple bottom reversal!
Good luck.
"Hated and cheap"...Hated probably by most and not sure about cheat...
it all depends against what you are comparing it to!
On the weekly TRXUSD seems to have formed a double bottom or a W accumulation pattern.
Some weekly/daily targets (possible) are visible on the chart!
Notice the higher highs and higher lows on the RSI.
Fundamentals apart...
"Justin or Vitalik?"
"Ah... but ETH 2.0 is amazing"...=> Not relevant!
Against ETH, you can see that there is currently a tripple bottom.
If it fails to hold, looks out below...at least the stoploss is not far away to confirm the tripple bottom reversal!
Good luck.
Comment:
Hidden Bullish Divergence on the RSI 4H:
Comment:
Just a short update on this idea...
I have actually not sold and ignored the stop loss!
Currently looking at a potential retracement to the break of the trendline repeating the fractal as per:
I have actually not sold and ignored the stop loss!
Currently looking at a potential retracement to the break of the trendline repeating the fractal as per:
Comment:
Looking for the RSI break...otherwise the lowest point is 0.00000407