alanmasters

TRON on BitMEX Trade Setup (120% ROE Potential on 15X)

BITMEX:TRXH19   None
I am looking at a trade set up for TRON on BitMEX (TRXH19)

  • Looking at the 4H chart, we can see a potential double bottom . Marked with yellow circles.
  • There is a long wick on the second low, which is actually 2 satoshis higher than the previous one.
  • This is followed by a series of higher lows and the MACD and RSI starting to curve up.
  • This retrace has been going for 20 days now. Price has retraced all the way back to 1 Fib. retracement support from the last bullish wave. We have good probabilities of a breakout to the upside.

Hit like if you want to see a full trade for TRXH19. Buy-in range, targets, stop-loss, ROE and additional details.


NOTES:

  • Remember that these trades are for advanced traders only and are also high risk. Trade at your own risk.

  • When we win, we are grateful, we celebrate and collect big profits.

  • When we lose, we take our loss and move on.

  • We understand trading and the risks involved, it can go right or it can go wrong.

  • We diversify to secure our capital and always collect profits on the way up.

Wishing you a great weekend.
Thanks a lot for reading.

Leave me a comment if you have any questions or want to share anything with us.

Namaste.
Comment: The low I mention in the analysis above was hit a third time, back on the 28 January.

Here is the chart:

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Our trade is ready for 120% ROE Potential. Will share at 100 likes.

Namaste.
Comment: Here is our trade as promised:
Comment: Great bounce as expected.

TRXBTC (TRXH19) will now go bullish.
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