TRXUSDT is consolidating in a Descending symmetrical triangle line.
Breakout is imminent.
breakout above the symmetrical triangle's inclined resistance.
Possible price actions and targets are indicated by the arrows on the chart.
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend.
Breakout is imminent.
breakout above the symmetrical triangle's inclined resistance.
Possible price actions and targets are indicated by the arrows on the chart.
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend.