TRXUSDT price went up and touched 0.096 last week , after touching that resistance , price made a clear pennant pattern on 4h chart after a good bullish trend
which signals continuation of bullish trend
In order to value our analysis , look at the RSI indicator
RSI was making lower highs as the pennant pattern was shaping . this scenario it self validate our pennant pattern
also now we can see that RSI broke it's falling trend line and signals bullish at the same time that price also broke upper trend line of our pennant pattern and had a breakout
with all that I can see a good entry point for TRXUSDT here and I think we can see 0.1 for this cryptocurrency
THIS IS JUST AN ANALYSIS...
which signals continuation of bullish trend
In order to value our analysis , look at the RSI indicator
RSI was making lower highs as the pennant pattern was shaping . this scenario it self validate our pennant pattern
also now we can see that RSI broke it's falling trend line and signals bullish at the same time that price also broke upper trend line of our pennant pattern and had a breakout
with all that I can see a good entry point for TRXUSDT here and I think we can see 0.1 for this cryptocurrency
THIS IS JUST AN ANALYSIS...