This time I was a little more conservative drawing the major . In addition, I draw another - a internal one (which is based on the mid highs and mid lows) - and it is parallel to the major one (which can indicate that the market will go up eventually).
I saw this bullish flag first when TRX went up to its ATH and then dropped. As you can see, went up and then down during the flag. When the when up again, the flag ended to confirm it as a . Looking as far as I could, this is inside a bullish pennant. As the theory goes, the move after the is completed should duplicate the size of the move preceding it. The move preceding it was +346.64% so we would be talking about ~700% which would result @ 2380 satoshis - giving that it will drop to around 300 satoshis when the is complete.
What are your thoughts?