TRX in an ascending triangle (inside another ascending triangle)
TRX appears to be nearing the apex of a small ascending triangle (blue), while also approaching the apex of a larger ascending triangle (purple). We've broken out above the purple trend/resistance line previously, but dropped back under during a recent BTC 'dump'. If BTC continues sideways or up, I'm expecting TRX will break upwards.
Nota
It looks like we're currently breaking up out of both the large and small ascending triangles. Good times!Nota
Just an update to say that TRX has been going HAM since breaking out of it's two triangle prisons. I haven't really bothered with TA on it since - I'm pretty much holding now throughout May until we get closer to MainNet (to decide if I sell the news or not). Good luck, everyone!
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