TRX/BTC - Potential Breakout Trade
Updated
The fact that wedges can be both, bullish and bearish means that confirmation is required for taking a position. Volatility keeps contracing and it typically expands after price moves beyond the identified contracting range. Taking a long position on TRX once price is set to close above the resistance level of this pattern would be a low risk trade - confirmation is the key. If breaks up - first target would be 438 sats (estimated +5%).
Trade closed: target reached
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