TRX/BTC Local Work. Wedge. Rollback. Recruitment zone 2019-2020
Notice how the wedge formed above the main trend line. The resistance of the wedge has been broken. The pullback.
The price is 2 months in a sideways pattern in 25% steps. Intraday volatility in this pair is minimal.
The gray area is this support zone of the channel of the main set of 2019 - 2020 position. This is clearly visible on the line chart on the weekly timeframe.
TRX / BTC Main trend. Linear graph. Trend reversal zones
The price is 2 months in a sideways pattern in 25% steps. Intraday volatility in this pair is minimal.
The gray area is this support zone of the channel of the main set of 2019 - 2020 position. This is clearly visible on the line chart on the weekly timeframe.
TRX / BTC Main trend. Linear graph. Trend reversal zones
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Please note, the price in the bitcoin pair is now at support 08 2019 - 08 2020. The price is now 153 satoshi.
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+49% at the moment since publication (pivot point). The price is moving towards the resistance of this cup.
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Price is currently holding at +120% while bitcoin has lost -54% of its value since 3 05 2022
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