Hi,
TRXBTC is forming a falling wedge on daily time-frame. In my opinion, Two scenarios are probable:
I) The price can break up the falling wedge and further growth will come.
II) The retracement and consolidation will continue until the price reach the last low. Since it seems that the long-bearish move for TRXBTC is over, So we can expect that the price goes up when It reaches the previous low (I mean we won't have a lower low). So If it happens, We may see a double bottom pattern.
TRXBTC is forming a falling wedge on daily time-frame. In my opinion, Two scenarios are probable:
I) The price can break up the falling wedge and further growth will come.
II) The retracement and consolidation will continue until the price reach the last low. Since it seems that the long-bearish move for TRXBTC is over, So we can expect that the price goes up when It reaches the previous low (I mean we won't have a lower low). So If it happens, We may see a double bottom pattern.