realJutsin

TRX in an ascending parallel channel.

Long
realJutsin Updated   
BINANCE:TRXBTC   TRON / Bitcoin
TRX is adhering to an ascending parallel channel (purple on the chart); I've taken the 1D timeframe to fit in the previous ATH, but if you use 1-4 hour TFs then you can see we're sticking even more closely to those trend lines. OBV also looks very strong - the last time OBV was this high, TRX was valued at around 1250 (see the green lines in the price and OBV charts). Overall, still bullish on TRX!
Comment:
We're also chilling in this ascending triangle (partly previous resistance turned support - see the green line; coupled with the top of the ascending channel - purple line). I wonder what'll happen when we hit the apex (hint: I think we'll go up).


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