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Chloster
Dec 29, 2018 5:58 PM

TRX/BTC Upward Break Potential Long

TRON / BitcoinBinance

Description

Here for a quick look at the TRX/BTC pair on Binance.
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


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.
Comments
DeadFly
Called it!
Chloster
@DeadFly, Was a little off but it did manage to finally break out!
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