I must admit that I am not a big fan of TRON -5.88% however, as a trader I leave my emotions aside when I see an opportunity. Here we see that TRON's bull run is stopped with BTC's tanking which cause weak hands to panic sell. This is a good time to buy the panic and make easy 10-20% profit. This may be a risky trade however I believe that with the rising volume TRON -5.88% should be able to continue to rise.
I would set my stop loss at 470 sats.
As always this is not a trading advice.I am not responsible for any losses may occur from following this trade.DYOR
I would set my stop loss at 470 sats.
As always this is not a trading advice.I am not responsible for any losses may occur from following this trade.DYOR
Comment:
Just found out that coin burn will take place for TRON.This is another reason to be bullish for TRON. It may go way above 600 sats depending on buying support. I will be watching it closely.
Comment:
we just hit 550, 10% higher than our entry level. You may begin to sell partially here if you would like.
Comment:
Sold TRON trade closed.Easy 10% profit.