CryptoTherapist

TRX-BTC Short Trade Plan

Short
BINANCE:TRXBTC   TRON / Bitcoin
Commodity : TRON
Trade Type : SHORT
Trading Against : BITCOIN
Exchange : BITMEX

Entries : Double-UP Entries throughout both the Buy Zones
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 weeks

Investment in trade : 3% of the total Trading Balance.
Leverage : 3x
Prospective Profit : 30% to 90%
Prospective Loss : 21%
RRR : SL to TP1 is 1.3, SL to TP2 is 2.2 , SL to TP3 is 2.7 and SL to TP4 is 3.9

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)

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