TRX/BTC Upward Break Potential
Updated
Here for a quick look at the TRX/BTC pair on Binance.
TRXBTC Potential for an upward break, 4H RSI rising wedge along with a nice looking bull pennant.
A break of the pennant is setting my target in the 580 Sat region.
Entry: on breakout
Stop-Loss: below support of pennant
Target: 580 Sats
TRXBTC Potential for an upward break, 4H RSI rising wedge along with a nice looking bull pennant. A break of the pennant is setting my target in the 580 Sat region.
Entry: on breakout
Stop-Loss: below support of pennant
Target: 580 Sats
Trade closed: target reached
The pennant took a bit longer to breakthrough then expected but once it did price came within 2 Sats of my projected target. Personally did not get into this trade due to not getting a decent enough entry but for anyone who did congrats and I hope you learnt something. Cheers.
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