Yesterday we gave TRX holders the chance to sell and buy back cheaper. Today we are looking to buy this pair and make a quick profit on the 60 Minute chart.
TRX/BTC has been falling for some time and has recently put in a Higher High (Circled in Red HH), and potentially a Higher Low (Circled in Red HL). We are seeing price pulling back from the high and bouncing off 0.00000476 support and the 20ema on the 60 minute chart.
If the current bar closes above the resistance at 0.00000491, I will buy the top of the bar and go long.
ENTRY: above this bar if closes above 0.00000491
Stop Loss: 0.00000470
Target 1: The 200ema.
Trail Stop Loss up
For you to make Dollars your decisions need to make sense. This is a 60 minute chart trade. These trades are high risk, high reward. Please check this trade is right for you.