TRXBTC
is getting closer and closer to the pivotal turning point. Following the trend line from the 950 peak and the 630 peak using the major support line at the 400 mark, we should be seeing the reversal happen fairly soon. I'm watching to get in around the 400 mark, or as soon as we crossover the trend line.
First target is the 630 area. This will determine if the 630 area is the top of the cup and handle or the 950 area is. If the 630 area is reached and we still see a rise, look for the second target to be the 950 area. Then we should see another pull back to 675 area for the handle. Anything lower than 675 after hitting the 950 area I would get out; the cup and handle failed and we should see another drop. If the handle holds above the 675, get ready to see some big numbers.
Thanks for reading and any feedback is appreciated.