TRX / BTC Long, looking for a 4th retest of resistance level
Updated
I am looking for a 4th retest of the support turned resistance level on the daily. The price has also caught the 25 MA, acting as a moving support, adding confluence to the idea that we will re-rest the resistance level. Tight Stop Loss placed at invalidation level, slightly below 25 MA and at a level that has acted as recent support. Looking for a 4.5% move up before either a rejection (potential shorting opportunity), or further upside.
Comment
S/L moved to 0.180 level.
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