TRXUSD is ready. Are you ready for this? 50 % dump (NEW)
Updated
TRXUSD looks ready. The price has been in the descending triangle for a long time. Now it looks like it's ready for a breakout.
Taking into an account very bearish sentiment in the whole crypto market, we expect that it will break down.
Targets are shown on the chart.
We don't expect it to go to zero therefore targets are defined based on the historial key supports instead of traditional methodology applicable to trading descending triangle pattern.
Expect more FUD in crypto market which could be a trigger for a triangle to breakdown.
good luck
Taking into an account very bearish sentiment in the whole crypto market, we expect that it will break down.
Targets are shown on the chart.
We don't expect it to go to zero therefore targets are defined based on the historial key supports instead of traditional methodology applicable to trading descending triangle pattern.
Expect more FUD in crypto market which could be a trigger for a triangle to breakdown.
good luck
Note
TRX is waiting for a catalyst. Once we see one, the price will start dumping. Patience required.Note
The price is testing the support again.A lot of sell pressure today . Expecting a break down.
💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.