coinselor
Long

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.

BINANCE:TNTBTC
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.
Reply
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.
Reply
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
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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.
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