Trx moving inside its new trend lines
Updated
Tron is testing the top and bottom trend lines. Notice how on the MACD it looks bearish right now, so before entering into tron for a short term trade, I'd wait until it reverses. Also be careful of the resistance lines I have in Blue. Once these are broken the price could soar with the test beta coming out in 5 days. Once the price retests the top of the trendline, I dont predict it will come all the way back down as this will be about the time the beta comes out. Its a good time to be a trx holder.
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btw as always this is not intended as financial advise and is only educationalNote
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following along a little flatter than I'd predicted but all the more it is slowly creeping up after flirting with the bottom trend line. 565 -585 sats has been tough to break but i predict that as soon as it does we'll see big jumps. I'm loading up before the launch on the 31st. leave me a comment and let me know what you think. i'm still pretty new to this.
not financial advice
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new wedge formation showing due to trx not being able to open and close above 585 sats. Once it does there is also strong resistance at 625 but not anything the testnet launch can't handle with as much volume that is expected
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