Hi guys !
TRXBTC looks ready for a new breakout soon at 380 sats.
380-400 sats is the last SELL ZONE before a new run toward 585 sats as first target price.
A double bottom formed from the last two months confirm a possibility of a new run.
Furthermore, Ichimoku Cloud start to reverse his SELL and BUY trend (in purple) and RSI looks good with a bull trend line from mid-august to september.
Thanks for your time.
TRXBTC looks ready for a new breakout soon at 380 sats.
380-400 sats is the last SELL ZONE before a new run toward 585 sats as first target price.
A double bottom formed from the last two months confirm a possibility of a new run.
Furthermore, Ichimoku Cloud start to reverse his SELL and BUY trend (in purple) and RSI looks good with a bull trend line from mid-august to september.
Thanks for your time.
Note
TRX re-test 360 sats now.Note
Everything looks good for this scenario... We'll see !Trade active
This scenario is still active ! Chart zoom :
Note
Started reversal Ichimoku trend line :Trade active
Breakout started, the 390/400 sats is very important for new higher prices : Note
New higher low on H2 & H4 :Note
TRX made a new bull flag, next try o break the 390/400 sats :Note
[#2] Next analysis : ![[#2] TRX/BTC, breakout happened, last step before bull run](https://tradingview.sweetlogin.com/proxy-s3/o/o805gYOW_mid.png)
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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.