The latest update on TRX is here! On the daily chart, that bullish descending wedge has already broken out, and the retest held firmly. What does this pattern usually indicate? Right, it’s a signal that the bulls are gathering momentum and getting ready to act.
From a technical perspective, TRX is likely to see a decent upward move in the next few days. Conservatively, this upward potential could reach around 40%. Of course, the market can be unpredictable, but the integrity of this pattern is definitely something to look forward to. Those holding positions can continue to observe, and those who haven’t entered yet can watch for pullback opportunities.
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DoomCanister
· 15h ago
I've seen the falling wedge breakout pattern too many times. Can it really go up 40% this time? It'll probably get cut in half again by then.
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MemeCurator
· 15h ago
Another descending wedge breakout—this pattern has been talked to death, hasn’t it?
This TRX move seems a bit risky to me. Retesting support sounds good, but 40%? I’ll believe you halfway for now.
How are the coins that were talked about like this last time doing? I honestly forgot.
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GasFeeNightmare
· 15h ago
I've seen so many falling wedge breakouts... I'm kind of numb to it now. Let's wait until it actually goes up before saying anything.
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MissedTheBoat
· 15h ago
Here we go again? Every time they say it's a perfect breakout, and then it immediately falls back. Those of us who've missed out are already numb to it.
The latest update on TRX is here! On the daily chart, that bullish descending wedge has already broken out, and the retest held firmly. What does this pattern usually indicate? Right, it’s a signal that the bulls are gathering momentum and getting ready to act.
From a technical perspective, TRX is likely to see a decent upward move in the next few days. Conservatively, this upward potential could reach around 40%. Of course, the market can be unpredictable, but the integrity of this pattern is definitely something to look forward to. Those holding positions can continue to observe, and those who haven’t entered yet can watch for pullback opportunities.