Blocksafe(TRIG) broke key resistance. Next swing up started?
TRIG has just broken key technical resistance, and appears to have started it's next leg upward. There are still a lot of sellers around 0.00024 - 0.00025 BTC, but these sell orders are steadily getting cleared out after the break upward. Ideal entry point is near a retest of the recent high near 0.00022 with a stop close below 0.000205 depending on risk tolerance. If this breaks 0.00025 then it has a lot of room to run. On the smaller chance this is a 'fakeout', I will look to re-enter at a more favorable position because TRIG has been on fire, and looks likely to continue upward near term.
Fundamentally, they have an awesome team behind them, a couple important conferences coming up, a 70% token burn in 9 days, and a supposedly huge announcement coming up by Friday.
Technically, all VWMA's are showing uptrend on the m5 chart, and RSI/Stoch are generally looking bullish across most time frames.
Sentiment is huge behind this one. It has been one of the most talked about cryptocurrencies this week, and has been steadily building volume and interest.
Fundamentally, they have an awesome team behind them, a couple important conferences coming up, a 70% token burn in 9 days, and a supposedly huge announcement coming up by Friday.
Technically, all VWMA's are showing uptrend on the m5 chart, and RSI/Stoch are generally looking bullish across most time frames.
Sentiment is huge behind this one. It has been one of the most talked about cryptocurrencies this week, and has been steadily building volume and interest.
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