Tron (TRX) If we can hold the current level, good time to buy.
This is a high risk trade and extremely reliant on the price of Bitcoin, but Tron has currently bounced from its support level of 870. I believe with the mainnet launch coming up in 8 days, we will have many buyers waiting on the sidelines to get in.
How to trade:
If the current 4 hour candle and the next 4 hour candle is green, there is a good chance for a reversal, especially if bitcoin can hold its current price.
Buy in:
899 level
Sell targets:
980-1081 satoshi range
1200 satoshi level
1400 satoshi level
Stop loss (Highly recommended)
My recommendation would be 870, but watching the charts yourself would be most ideal.
This is a pretty risky trade even for me. The stop loss is highly recommended if you do not have the time to watch the charts for the next 24 hours.
Thanks for reading! Please leave your criticisms in the comments. I'd like to hear your thoughts.
How to trade:
If the current 4 hour candle and the next 4 hour candle is green, there is a good chance for a reversal, especially if bitcoin can hold its current price.
Buy in:
899 level
Sell targets:
980-1081 satoshi range
1200 satoshi level
1400 satoshi level
Stop loss (Highly recommended)
My recommendation would be 870, but watching the charts yourself would be most ideal.
This is a pretty risky trade even for me. The stop loss is highly recommended if you do not have the time to watch the charts for the next 24 hours.
Thanks for reading! Please leave your criticisms in the comments. I'd like to hear your thoughts.
Comment:
Have a look at the 30 min chart. We have a standard bullish divergence.
Comment:
Second update, we went up 2% in under 20 minutes. If you are still bearish on BTC, take some profits now.
Comment:
Comment:
Bullish path
