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PolarHusk
Dec 21, 2019 1:21 PM

TRX/BTC TA Update (Retest Downward Resistance?) Long

TRON / BitcoinBinance

Description

TRX/BTC

TRON is on down-trend action inside this falling wedge channel. A reaction pump after TRX hit the golden Fib 0.618 at 178 sats.
The price is about to retest the downward resistance which is located between 190 - 195 sats area. If TRON is unable to break the resistance again,
A potential retest of previous support or a double bottom scenario might play-out in the future.
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