I am not a fan of the Tron Foundation or Justin Sun by any means, but when I see a good trade I take it.
This trade is highly dependent on Bitcoin maintaining a steady price action and not crapping the bed.
As you can see by the chart $TRX is currently attempting to break out of a multiweek declining channel, I highlighted the $.065 level in green at a breakout confirmation level that I am watching very carefully. I would recommend setting alerts at that level if you arent comfortable shorting just yet and would like to see a guaranteed break out.
Other key levels are highlighted and labeled, feel free to take profit at any level you please, and don't get greedy.
If you have any questions feel free to ask away in the comments and ill get back to you when I have time :)
Have a blessed day everyone!
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This trade is highly dependent on Bitcoin maintaining a steady price action and not crapping the bed.
As you can see by the chart $TRX is currently attempting to break out of a multiweek declining channel, I highlighted the $.065 level in green at a breakout confirmation level that I am watching very carefully. I would recommend setting alerts at that level if you arent comfortable shorting just yet and would like to see a guaranteed break out.
Other key levels are highlighted and labeled, feel free to take profit at any level you please, and don't get greedy.
If you have any questions feel free to ask away in the comments and ill get back to you when I have time :)
Have a blessed day everyone!
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Comment:
Breakout Confirmation Level hit