Trx is in a diamond formation. I expect it will breakout topside. This will put my target at around .055.
Note
I should also mention that inside the diamond is a rising wedge. I believe this will cause it to drop to the bottom of the diamond outline first before regaining it's footing.Note
Note
After slightly adjusting the outline to accommodate for the drop from the wedge, it's completed it's purpose. I now expect that topside break out.
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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.