TRXUSDT has recently broken out of a bullish pennant structure and an inverse head and shoulders pattern.
This suggests a potential upward movement in the price. The target for the inverse head and shoulders pattern is indicated on the chart, with the neckline serving as the buy-back zone. Additionally, the extended target is based on the potential pole estimation.
It's important to note that technical analysis is just one aspect of trading decisions, and other factors should also be considered. Your engagement and feedback on this analysis are appreciated.
Thank you for your attention to this analysis!
This suggests a potential upward movement in the price. The target for the inverse head and shoulders pattern is indicated on the chart, with the neckline serving as the buy-back zone. Additionally, the extended target is based on the potential pole estimation.
It's important to note that technical analysis is just one aspect of trading decisions, and other factors should also be considered. Your engagement and feedback on this analysis are appreciated.
Thank you for your attention to this analysis!
Trade active
The new level should be consider as the new buy back area with same target in mind.Trade active
Trade active
TRX is going all out for now, great move with descent profits.Note
Price aiming towards the extended target zone. Great analysis here.Trade closed: target reached
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Related publications
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.