If this pattern turns out to be valid then trx has probably been a pretty bad long term buy for the past few years.. if i remember correctly how to get the target on these triangles then after the breakdown trx should be headed to about minus 600 Satoshis...
It is trading right at the support line right now, so an up move would make sense in the short term, but in the long run as long as trx respects both of those lines and remains inside that pattern I would say that it's in a bearish descending right triangle and I would not buy it until it crashes deep through that support line.
It is trading right at the support line right now, so an up move would make sense in the short term, but in the long run as long as trx respects both of those lines and remains inside that pattern I would say that it's in a bearish descending right triangle and I would not buy it until it crashes deep through that support line.