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chrycrypto

TRXBTC Short term swing trade idea

Long
TRON / Bitcoin (BINANCE:TRXBTC)  
chrycrypto Updated   
BINANCE:TRXBTC   TRON / Bitcoin
Trend Analysis Support and Resistance Trend Lines TRX binance TRXBTC
1
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trendanalysis supportandresistance trendline trx binance trxbtc
-Bounce on weekly strong level ≈630
-Target where the next strong resistance meets the triangle trendline ≈915-960
-RSI downtrend line broken
-Stop loss just under support ≈610
-30% target profit with 2.24 RR ratio
Comment:
Price had a little bounce at key level:
-strong weekly support/resistance
-0.618 fib
-rsi at support
This could be great entry because of very favourable RR (sl just under support and target at 990 res). In case sup doesn't hold, short target 480 and 350.

snapshot
Trade closed: stop reached:
Stop reached, next stop likely 500/480 satoshi
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