Tierion (TNT) - 1:4.6 Trade @coinselor

BINANCE:TNTBTC   Tierion / Bitcoin
Very clear breakout from a 400+ days established range. Significant S/R flip. Position opened. Might widen stop a little bit and decrease risk-reward ratio.

I only open long Ethereum Token positions when ETHBTC chart looks good.

Market Cap:
$27,782,836 USD
3,328 BTC
Oct 17
Trade active: Tierion looking good. Intraday (6h) chart had a pullback and a great bounce off previous resistance, now support.

Oct 21
Trade active: Very strong 50%+ weekly candle close. Most alts holding nicely above recently flipped S/R levels.

Hi buddy what's your targets on this trade? Seems like its running out of steam.
coinselor skyfulton
@skyfulton, I literally just opened the position. It's been a parabolic move from 270. I expect price to consolidate/breathe before continuing upwards. This is a trend-following trade. Initial target is 1530 but I usually trail my stops.
skyfulton coinselor
@coinselor, yes that's what I have Figured. I opened my position also looking for a retrace down to 800. 600. Ish after hitting 1000. 1200. So I might sell this one and catch it on the rebound
Be sure to comment if you have any questions regarding my trade, the chart, an indicator, or anything else you might have in mind. I will try to get back to you as soon as possible.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out