Tron, 5 days consolidation

2023年12月4日

TRX inside ascending triangle and already touch fibonacci support 0.10212
this coin already enter accumuation with 5 days and 12 hours consolidation,
you can see I also draw bullish trendline,
in the next hours (not more than 12 hour), this coin will rally to reach triangle resistance,
maybe with little a pump, that indicate the consolidation time already over.
The worst case is fibonacci support at 0.10212 break down, if this happen, I still have ascending triangle support trendline.

My entry :
.10310 current price
.10212 fibonacci support
.10018 Higher low

Target : .11017 Ascending triangle resistance

Risk every entry : .00100

Risk reward ratio : 6.54

Actual profit percentage : 654%

Good luck, happy trading.

2023年12月4日

交易進行

nice little pump to get out from consolidation zone.
This is update for target :
1st at triangle resistance (0.10984)
2nd at fibonacci 1.618 (0.11549)
3rd at ascending triangle projection (0.12296)