Tron (TRX) Perfect Tron calls. Looks like TRX bounce 362-350.
In my last idea, I called for a Tron short. We have just hit target for 6.5% profit. The original Tron short would be in 10%+ profit.
I have just made 17% of my entire account. I had short 3 million contracts of Tron at an average entry price of 395, and then I longed Tron during 335 on Bitmex and made another 6%.
If I had used 10x leverage, I would have made over 100% of my entire account, but I did not. You may choose to if you wish.
If you followed my calls during the minute I posted, you would also be up 6% as of right now on TRXZ18. If you used 10x leverage you would be up 60%. The 6% call was basically a 100% certain to make profit, as Tron futures were at 335 while Tron on Binance at the time was 370.
RIght now it looks like Tron may continue to head lower to 350, or may hold the current price. I do believe it could reach 376 if Bitcoin bottoms here as it is very oversold right now.
Have a stop loss below your entry position. It is hard to have a good stop loss as this bottom has not formed as of right now. I had longed 335 and closed 360, netting me 6%+ profit and I currently am long with a very small position at 360. I expect this to hit 350.
If Tron does bounce, you can have a very good short setup if it reaches 410. I believe 378 is more likely. The numbers I posted refers to the Binance chart. If you are trading Tron futures, they will be different. Message me if you have questions.
Ideal Trade
Short
410
Stop Loss:
430
Expected Trade
Short:
380
Stop Loss:
395
Thanks for viewing! If I made you money, feel free to tip me.
I have just made 17% of my entire account. I had short 3 million contracts of Tron at an average entry price of 395, and then I longed Tron during 335 on Bitmex and made another 6%.
If I had used 10x leverage, I would have made over 100% of my entire account, but I did not. You may choose to if you wish.
If you followed my calls during the minute I posted, you would also be up 6% as of right now on TRXZ18. If you used 10x leverage you would be up 60%. The 6% call was basically a 100% certain to make profit, as Tron futures were at 335 while Tron on Binance at the time was 370.
RIght now it looks like Tron may continue to head lower to 350, or may hold the current price. I do believe it could reach 376 if Bitcoin bottoms here as it is very oversold right now.
Have a stop loss below your entry position. It is hard to have a good stop loss as this bottom has not formed as of right now. I had longed 335 and closed 360, netting me 6%+ profit and I currently am long with a very small position at 360. I expect this to hit 350.
If Tron does bounce, you can have a very good short setup if it reaches 410. I believe 378 is more likely. The numbers I posted refers to the Binance chart. If you are trading Tron futures, they will be different. Message me if you have questions.
Ideal Trade
Short
410
Stop Loss:
430
Expected Trade
Short:
380
Stop Loss:
395
Thanks for viewing! If I made you money, feel free to tip me.
Comment:
Sorry about the status spam. I will not be doing that again.
Comment:
BTC could looks like it wants to push below 6200. If that happens, alts will likely drop more.
Comment:
Tron has held 345 on Binance. I expect 380 if Bitcoin can hold here.
Stop loss can be if Tron closes below 345.
Stop loss can be if Tron closes below 345.
Comment:
If Tron cannot close above 365 binance, I would recommend shorting.
Comment:
Unfortunately Tron could not hold. However, Bitcoin does seem like it will bart up.
Order cancelled:
This Tron long is canceled as the risk is too high, while the reward is not very good. As the market is very weak right now, even if Bitcoin pumps, altcoins may not rally until confidence is regained.
Comment:
Tron pumping as CEO is announcing a partnership with a company worth tens of billions.
Probably not Alibaba.
Probably not Alibaba.
Trade active:
The short sells are still active. If Bitcoin holds/spikes I expect tron to test 380. If we are lucky Tron will break past and hit 410+, allowing another good short entry.
Once the company is announced, go ahead and short Tron at the highest price you can. Wait for volume to pick up as that is a sign retail is getting in on the action, and that is the place to short.
Unless Tron reveals a significant partnership, this will drop after.
Once the company is announced, go ahead and short Tron at the highest price you can. Wait for volume to pick up as that is a sign retail is getting in on the action, and that is the place to short.
Unless Tron reveals a significant partnership, this will drop after.
Comment:
Tron just hit 380 on Bitmex, while it is 389 on Binance.
