as you can see TRX fell from the rising wedge (grey lines). The MMA 20 line was a resistance which TRX has broken through. personally i think we need to get to the black trendline to get a massive breakout.
i alredy have some TRX so i wont be buying anymore. personally with the current situation in the market id avoid going long on any coin.
there is a possiblity of a breakout on TRX as we have a MACD cross over and the resistence line spoken above was broken.
also bear in mind 31st may TRX will move away from the ETH token and have its own. this in its own right is massive news so expect to see some movement in TRX price
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.