TRX Possible Breakout
I'm only really getting into TA, but I do see some promising things in these indicators. Histogram seems to be preparing for some positive movement; the inverse cup and handle seems to have failed on the handle, which is now forming a rising wedge there; and the RSI seems to imply some positive upward movement after reversing from its brief negative trending.
Note
YAY, we have liftoff! Absolutely great to see a huge bullish breakout. Seems that bull flag could now be forming, but we'll have to see
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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.