jawhite

TRX Next Move? Watch BTC

Long
BINANCE:TRXBTC   TRON / Bitcoin
TRX is currently in a strong bull pattern and that should continue. But the ups and downs will be tempered by BTC as we saw overnight. Any sharp selloff of BTC will cause TRX to pull back. If BTC stabilizes TRX should continue it's move up within hours. The next leg up will have to break through 835, where there's currently a 20.7 million sell wall. This will probably take a few attempts. The next level of resistance will be at 850.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.