FieryTrading

🔥 TRX Bearish Triangle: Patience Is Key

Short
BINANCE:TRXUSDT   TRON / TetherUS
Over the course of the last ~1.5 years, TRX has been forming a massive bearish triangle pattern . Bearish triangles classically break bearish , so that's what we're going to look at today. With TRX recently showing signs of reversing from the pattern's resistance, a bearish move is becoming more likely.

Wait for the break of the lowest purple support before scouting an entry.

Since the support has been holding for so long, a break of said support can lead to a massive sell-off because of all the stop-losses below it. Targets in blue.

🎯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: www.fierytrading.com
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.