Looking at 4hr chart, TRXBTC seems to be consolidating as its forming this swan pecker. A break out is a-comin'. Now the real question is breakout above or below? I'm still learning but my logic says that its probably going to break above seeing that it sits below 50 day moving average and above 200 day.
If you have a comment, please leave it below. Hit the like button if you agree. Happy trading!
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.