Troy Bullish Breakout Activates Bullish Trend; It Is Still Early
Updated
This is how these things work, they go sideways for a while and at one point they just boom, out of nowhere.
Here we have TROYUSDT ranging since early July. Strong price swings are present on the chart, up and down but always sideways. When we look at the action before July, it is clearly down. When the down pressure cedes then you get the bullish breakout.
In this specific case, we know we have a true and strong bullish breakout thanks to the volume indicator. We can see really high volume in the past two weeks.
Now that the breakout is in, we can expect additional growth. While the move is already strong, there can be much more growth long-term. This is only the beginning.
Thank you for reading.
Namaste.
Here we have TROYUSDT ranging since early July. Strong price swings are present on the chart, up and down but always sideways. When we look at the action before July, it is clearly down. When the down pressure cedes then you get the bullish breakout.
In this specific case, we know we have a true and strong bullish breakout thanks to the volume indicator. We can see really high volume in the past two weeks.
Now that the breakout is in, we can expect additional growth. While the move is already strong, there can be much more growth long-term. This is only the beginning.
Thank you for reading.
Namaste.
Trade active
First target has been hit and there is room for additional growth. TROYUSDT is super bullish right now.
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