TRX/USDT Regression Trendline

17 Apr 2021

After breakout, TRX is oscillating in the regression trendline. 4h RSI is oversold. Still price is going above major blue trendline and it left very strong support levels behind. But it might retest regression trendline one more

• (0.15500-0.15400)
  
• (0.14600-0.14400)
  
• (0.13200)
  

I'm still very bullish and holding my TRX in my spot wallet. But I will wait BTC daily closed candle.
If,
-> closed above 62k , I will look for new entry points for TRX futures positions
-> closed below 59.4k , I will not open any position
-> closed between, be on alert to 4h candle closed values.

BTC

18 Apr 2021

Nota

BTC broke the support line , but TRX didn't drop that much. It had a support level at 0.133 and still above that price. If btc goes below 52k , I might consider a short position opportunities

19 Apr 2021

Nota

BTC Update. It bounced back from 53k level. Seems to be break trendline but it should stay on that level. If trendline holds and bitcoin starts to rise, I will consider new long entries in futures between 2 trendline.