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DCCryptoacademy
Jul 29, 2019 8:15 PM

TRX/BTC, big long or short opportunity  

TRON / BitcoinBitfinex

Description

TRX/BTC is currently sitting in a very important zone.
Depending on if 222sat or 240sat break first will decide in which direction we will be moving.
Now, how to trade this:
If 240 breaks: Go long, targets are lines of the red boxes.
If 222 breaks: Go short, targets are the lines of the green boxes.
Remember: At those levels a bounce/correction is expected, that's where you can switch your positions.
What can you do if you are long/short now?
Adjust stopp loss a little above/below those important levels, that should be enough, however, this is no financial advice!
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