TRX just cracked the floor of a rising wedge, and it didn't tiptoe out — this was a decisive break on volume well above average, the kind of participation that separates a real structural shift from a liquidity poke.
🗓 Daily: Neutral — daily is mixed — Supertrend and EMAs not aligned
⏱ 4H: Rising Wedge · Bearish bias
⏳ 1H: the 1H is trading below the level with its trend down — the lower timeframe confirms the setup.
📋 WHY IT QUALIFIES
✓ Rising Wedge structure completed
✓ Decisive breakdown — closed 0.9% beyond the line
✓ Volume 2.1× its 20-bar average
✓ RSI 30 — momentum confirms, not yet exhausted
🧭 Bias: Bearish while price holds below $0.33608
⚠️ Invalidation: 4H close back above $0.33608
🔵 Support $0.33608 🟡 Resistance $0.34675
$TRX $BTC #ChartPatterns
Education only, not financial advice.
🗓 Daily: Neutral — daily is mixed — Supertrend and EMAs not aligned
⏱ 4H: Rising Wedge · Bearish bias
⏳ 1H: the 1H is trading below the level with its trend down — the lower timeframe confirms the setup.
📋 WHY IT QUALIFIES
✓ Rising Wedge structure completed
✓ Decisive breakdown — closed 0.9% beyond the line
✓ Volume 2.1× its 20-bar average
✓ RSI 30 — momentum confirms, not yet exhausted
🧭 Bias: Bearish while price holds below $0.33608
⚠️ Invalidation: 4H close back above $0.33608
🔵 Support $0.33608 🟡 Resistance $0.34675
$TRX $BTC #ChartPatterns
Education only, not financial advice.
