Technical analysis by EthioFX about Symbol TRX: Buy recommendation (5/21/2023)

TRXUSDT LONG Hello guys, how are you ? TRON has broke the recent high that acts as resistance back in February 20/2023 &July 29/2022. This can bring a trading opportunity on your strategy. I believe it is way better waiting for a pullback to that zone and act accordingly. Pullback has more confirmation than break out. since a breakout can be fake out I advice you to wait for the pullback drop down to a smaller time frame like the hourly and 4 hour and find a double bottom inside the zone marked . I hope you enjoy it . I believe it is important to share how you see the market on TRXUSDT please share me your viewpoint . thank you guys Risk what you can afford to lose ! use the golden rule of risk management never risk more than 2 % maximum that allows you to maintain your psychological well-being. do your own research before taking any trade . when someone share his analysis that does not mean you have to take the trade instead learn something from him. happy trading.