Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
TRON (TRX) Broke Bullish, Consolidation Followed by New Jump!
TRON / Bitcoin
Long
TRON (TRX) Broke Bullish, Consolidation Followed by New Jump!
By AlanSantana
Follow
Follow
Dec 1, 2020
3
4
8
8
Dec 1, 2020
The bullish breakout we were expecting on the TRXBTC trading pair did take place...
But it takes time...
As you can see, patience is key.
After the initial breakout, we get some retrace and then a period of consolidation.
These consolidation periods can vary in duration...
After this pair is done consolidating, it will move bullish again.
Look at the green arrow on the chart.
This is how I see TRXBTC moving next.
This is just chart reading of course, it is not the same when you trade.
If do decide to trade, make sure to build a plan, and have a stop-loss in place.
This is not financial advice.
All this information is shared for your own learning/entertainment.
Thanks a lot for reading.
Namaste.
Beyond Technical Analysis
Chart Patterns
Technical Indicators
AlanSantana
Follow
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com
(Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:
Related publications
yearn.finance (YFI) & Bitcoin (BTC) both Bullish! BTC + ALTS
by AlanSantana
YFII vs BTC not as Solid as YFIBTC, But Still Good!
by AlanSantana
Ultra-Bullish Bitcoin Weekly, New All-Time High, Again + Targets
by AlanSantana
STPT | The Market Moves In Cycles (Up & Down, Up & Down)
by AlanSantana
AppCoins (APPC), Highest Volume Since May, Uptrend Starts Now!
by AlanSantana
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.