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FieryTrading
Nov 15, 2021 2:04 PM

🔥 TRX 10-Month Pennant Break Out Long

TRON / TetherUSBinance

Description

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Over the course of around 10 months, TRX has formed a massive bullish pennant. As of a couple of days ago, the price broke out of this pattern and moved up.

Now that TRX has finally broken through the September local top around $0.12, we can finally say that the trend has been confirmed and that TRX will see more bullish movement in the near future. Be aware that the price might want to re-test $0.12 again before continuing going up.

Targets placed at $0.15 and $0.175.

Happy trading!
Comments
TradingGuruLol
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very nice
CobraVanguard
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Nice job
Azade_Farahani
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WoW! Your explanation about retest was wonderful! Good job!
faridbagh
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thnx
UnknownUnicorn4127247
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Good perspective
TopTradingSignals
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I am bullish too!
VincePrince
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Looks logical, thanks for sharing.
Mihai_Iacob
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nice and clear!
Saif_R
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Great job!
MMBTtrader
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we can expect some more local rise here
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