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!
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!