This is where I see TRX heading, targets are short term, above 650+ mid term. Thought id share my trading idea on TRX to go along with my other TRX charts.
Using that strong support line I have drawn, ( referenced in my other TRX charts ) and another trend line I have found with the more recent data I have come up with this wedge. A breakout is coming soon IMO. I have a few other recent TRX charts as well you can reference for more TA on my analysis on TRX.
Trx is in a strong support zone, I do see a pull back coming before heading upwards again. bottom of the red box is a good buying opportunity.
This is the first time in a long time XLM has been able to close above the middle Bollinger Band on the 1D chart and form a new bullish candle! We can now use this middle band as support for XLM! We should expect a break out in the near future!