The patterns I have highlighted concern me and I would also think that it might concern any trader considering a Long position. For now hold out as I expect TRXUSD to fall to $.01 support, once this bearish trend finishes. I do however expect TRX to consolidate and will begin to look Bullish again, pushing back up towards $0.03 resistance. So a Long position should be considered at a later date.
Regards
EWH
Regards
EWH
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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.