TRX quickly approaching another apex?


It looks like TRX moved upwards out of the ascending triangle that I mentioned ( We're now in a (symmetrical?) triangle. My expectation is that the bottom support trend will continue to hold strong (making 510-511 sats our new soft bottom, which will gradually increase from here - until we reach the apex); this is based on the upcoming fundamental news for TRX , as well as strength this support has shown so far (coupled with the gradually increasing OBV and overall volume ).
Comment: TRX dropped below the lower trend line (to a low of 508), which I put down to BTC's drop from ~8050 to ~7920. I expect TRX will bounce back above the lower trend line just as soon as BTC goes sideways or upwards again.

BTC may drop as low as 7500; in which case, I'd expect TRX to continue downards (maybe sub 500), although this would be temporary!
Comment: BTC held strong around ~7900 and TRX did the same from around 507-510. On low timeframes it looks like we're just under the old symmetrical triangle, still sticking to the lower trend line (which may now be resistance instead of support). However, if you check higher timeframes (e.g., 4H and Daily), then we're actually still in the symmetrical triangle and never left!

I'm expecting upward movement from here still.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out