Hi guys, we are in an ascending triangle pattern, and if the exit is successful, we go to the ascending target, and if the pattern is lost, the descending target is corrected.
* TRX is consolidating between it's resistance around $0.10550 and it's support zone near $0.082 * The below Ascending trendline is too working as support for the price. * If the price breaks the above resistance we can see a rally till $0.12. TRX is bearish below the trendline.
Hello friends, look at the chart and decide after leaving. Wherever he left, we went to the same side
This is not financial advice !!! This is Just Chart analysis !!!
The market has been on a mid-term uptrend since March 2020. The price action tested the ATH(all-time high) is approaching the trendline support + horizontal support. We could see a bounce off the support bullish ↗️. And a breakout below the support as bearish ↘️.
TRXUSDT Positional Signal- Now let it be maintained above 0.0218 and then buy. If it comes in below demand Zone can buy again. It has been a breakout in the Weekly, to see whether it is Sustainable or not. First Target- $0.0337 Second Target- $0.0297