TRX is still on fire

in #money6 years ago (edited)

TRX_041918.jpg

TRX is still on fire. This strong up movement forms the right side of the cup.

  1. A to B: Cup and handle pattern starts forming when the market starts going down strongly. The down movement forms the left side of the cup.

  2. B to C: The down movement becomes slower. This sideways movement forms the bottom of the cup.

  3. C to D: The market starts going up strongly, like when it started going down strongly at the beginning of the formation of the cup.

TRX_cup and handle pattern.jpg

picture source from binance.com

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