TRX/BTC need to break the top of the up trend channel, To the long side expecting price rally up and retrace to the top line and rebounce.(yellow lines) Long target 2 same impulse of analysis in BTC/USD 4/26 $11500, please see related ideas.
To the short side pretty simple retrace to short target 2 possible over shot to Short T3, but expecting bounce at ST2.
On my personal notes I see TRX/USD moving almost the same that TRX/BTC ! This is something really good! TRX/BTC more volatility so adjust your stops a little wider. Cheers!
Here is one snap of the daily, looking good!
To the short side pretty simple retrace to short target 2 possible over shot to Short T3, but expecting bounce at ST2.
On my personal notes I see TRX/USD moving almost the same that TRX/BTC ! This is something really good! TRX/BTC more volatility so adjust your stops a little wider. Cheers!
Here is one snap of the daily, looking good!
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TRXUSD : iF long T1 don't hold price can see a retracement to 0.0580 usd.
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TRX consolidation in new channel new opportunities to re entry long at confirmatio brake of mini downtrend
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Daily view