We are in both a long term and mid-term up trend with TRX . Easy to see here with the .
We had what I call the “SUN bubble” when @czbianance announced the new SUN genesis mining, which popped, and we immediately dropped down too, and continued on the uptrend into this equilateral triangle.
If this plays out we should see resistance around $0.035750 ; $0.038980 ; and finally $0.042218 = 23.6% on the Fib retracement.
The point I am looking at is where the both the long term and the short term 3/1
$0.041781 is my target if the breakout occurs. It has to get above $0.035 with some to confirm breakout.
The looks to be supporting this idea
This is not financial advice.
There is a large Adam and Eve forming so watch close for that. Neckline is near .284
A nice short term 3 drives pattern seems to be forming which could push the price up to retest that .31
It is a bit weaker than I hoped, with that Adam and Eve forming, but I'm still overall bullish.
Thanks for asking!