veerakumarnice

TRX performance is not much encouraging.

Short
veerakumarnice Updated   
BINANCE:TRXBTC   TRON / Bitcoin
While the broder market is pushing up trxbtc shows weakness and has three closes below 200 DMA, which is a bad setup. It is notable that trxbtc has created a falling wedge (seems like bottom is still to be found.) Rejection at 0.618 feb level suggests trx is about to move towards 0.786 level of 480 satoshi. There is 20% chance for an upside break from the current levels. But play safe. Happy Trading :)
Trade closed: target reached
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