TRX/USDT has formed a strong wedge since this weekend. My take is that it will be following this wedge in the coming days. After the wedge has been completed, the price can either go up or down.
Before trading the completed wedge, wait for the price to go past the Bullish or Bearish Confirmation line. Higher time frame closes are more reliable, but lead to lower possible returns in case the price shoots past the confirmation.
Consider the Resistance and Support lines as areas of reversal, don't hold your position too long in case the price goes against you.
Before trading the completed wedge, wait for the price to go past the Bullish or Bearish Confirmation line. Higher time frame closes are more reliable, but lead to lower possible returns in case the price shoots past the confirmation.
Consider the Resistance and Support lines as areas of reversal, don't hold your position too long in case the price goes against you.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.