TRXBTC, Short
There is a bearish bat pattern on the TRX/BTC when looking at the 4h TF. However looking at the RSI and MACD which look bullish, the long term trend could switch to an uptrend thus only a minor retrace could be expected.
Looking at the PRZ and the resistance, a buy-in around the 480 resistance looks good for a TP1 at 450 and a TP2 at 415.
Looking at the PRZ and the resistance, a buy-in around the 480 resistance looks good for a TP1 at 450 and a TP2 at 415.
Order cancelled
pattern not confirmed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.