TRX seems to be adhering to this rising channel. This could be good for some swing trades; however, I'm expecting TRX to continue upwards (so it's fine to just hold too). It's useful to note that TRX's daily volume has been steadily rising over the past 5 days. This, plus upcoming announcements and main net, makes me bullish on TRX in the short- and mid-term.
Comment:
It turns out we easily exited this channel in a sideways fashion! After zooming out a bit, I can see that we're in an ascending triangle and the upper trend/resistance line of it is what bumped us out of this rising channel. See my other post to track this larger ascending triangle:
