BINANCE:TRXUSD   TRON / US Dollar (calculated by TradingView)
Weekly 50 MA/100MA Cross. 3 recent high volume pumps are likely whale accumulation. Massive RSI Divergence on the weekly. I am Long to $.10 zone.

Comments

Ive also been observing a ascending triangle on the daily. Base and ascending trendline created during last capitulation in March. Horizontal resistance line at the 3.8-4 cent area. Its been coiling up in this bad boy. Target for triangle breakout is around .06 level. Maybe hit the .06 region in the short term before the massive move past .10 cent region. Cross of 50 over 100MA on daily as well. Thanks for your weekly timeframe input. 1st golden cross in weekly maybe what we need for this bull run to start as weekly timeframe moves can be seriously impactful. And the divergence also helps sway bullish sentiment. Lets see whats up. Observing like a hawk.
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Thanks! Any comment on who is selling that much? There is some massive seller and also the short positions increased by 2000%. Hopefully they will be brutally squeezed soon.
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Everything looks like blue skies on the daily as well, I didn't even think to check out the weekly 😂

This is much appreciated.
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