Over the course of around 10 months, TRX has formed a massive bullish pennant. As of a couple of days ago, the price broke out of this pattern and moved up.
Now that TRX has finally broken through the September local top around $0.12, we can finally say that the trend has been confirmed and that TRX will see more bullish movement in the near future. Be aware that the price might want to re-test $0.12 again before continuing going up.
Targets placed at $0.15 and $0.175.
Happy trading!
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