TRON (TRX) Broke Bullish, Consolidation Followed by New Jump!

1 thg 12, 2020

The bullish breakout we were expecting on the TRXBTC trading pair did take place...

But it takes time...
As you can see, patience is key.

After the initial breakout, we get some retrace and then a period of consolidation.

These consolidation periods can vary in duration...
After this pair is done consolidating, it will move bullish again.

Look at the green arrow on the chart.
This is how I see TRXBTC moving next.

This is just chart reading of course, it is not the same when you trade.

If do decide to trade, make sure to build a plan, and have a stop-loss in place.

This is not financial advice.
All this information is shared for your own learning/entertainment.

Thanks a lot for reading.

Namaste.