TradingView
AlanSantana
Jan 23, 2019 12:54 PM

Tron (TRXH19) Is About To Drop Short

Description

I can see an upcoming drop happening for Tron (TRXH19), we can see a double top and the RSI is overbought.

TRXH19 is for BitMEX.
TRXBTC is the pair traded on most major exchanges.
TRXUSD for the dollar, etc.

This chart is for TRXH19 which is exclusive to BitMEX and BitMEX traders.

Same goes for BCHH19, EOSH19, ADAH19, etc.

When you see XBT. This is referring to Bitcoin on BitMEX.

When you see BTCUSD, this is referring to Bitcoin in general against USD.

So when you see these you can better decide for trading since the price are not equivalent... Meaning, you cannot always trade TRXBTC with a TRXH19 chart.

This is just a quick friendly reminder... What comes next is SHORT.

Namaste.

Comment

If TRXH19 closes above 695 satoshis on 4H, these signals (on the main chart) are invalidated.

Comment

It is already starting to drop.

Here is a closer view:

Comment

Previous TRXH19 trade:

Comment

This is a nice short... Thanks for the support.

I will share more in the near future... So if you enjoy these, make sure to hit LIKE for more.

Namaste.

Comment

TRXH19 bouncing with good volume. This retrace might be over.

Comment

For a more details update go here:
Comments
AndersBitcoinSorensen
What is TRX19? A futures contract on Tron falling in value?
AndersBitcoinSorensen
AlanSantana
@AndersBitcoinSorensen, You can consider it a trading pair.

You can buy and sell it to make money. That's how I use it.
AndersBitcoinSorensen
@alanmasters, Good answer master.
More