FieryTrading

🔥 TRX End Of Consolidation: Break Out?

Long
BINANCE:TRXUSDT   TRON / TetherUS
A few weeks ago I made an analysis on TRX. Here I predicted a period of consolidation to occur in the near future. This consolidation did indeed occur and took a bit longer than initially expected.


With the current state of the market, I see TRX breaking out of this period of consolidation any moment now.

The main target for the current move is $0.11. In the previous analysis I put it at $0.12, but I think $0.11 is better suited for early profit taking since September is historically quite a bad month for crypto.

Happy trading!

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