alanmasters
Long

[TRXM19][LONG][10X][156% ROE] Tron on BitMEX @alanmasters

BITMEX:TRXM19   None
As promised, to all those great Alan Masters followers who come here and read on a daily basis and show your support... I am deeply grateful.

Here is our full trade for Tron (TRXM19) on BitMEX.

Disclaimer:

  • This is not financial advice.
  • All information here is shared for learning and entertainment purposes only.
  • Leveraged trading is for advanced/experienced cryptocurrency traders only. If you are a beginner trader, please check the normal trading as this is high-risk and can easily produce a loss. We share many, many trades that are basically risk-free.
  • If you can't take a loss skip this and all of my BitMEX trades completely as this is for smart, robust and experienced traders only.
  • Other than that... Enjoy the trade. I am really hoping that you like it and generate great profits with it, truly.
  • Make sure to always hit like, it only takes a second and it helps massively in continuing with this work.
  • Now...... LET'S TRADE!!!

----
Trade: LONG TRXM19

Leverage: 10X

Buy-in: 442 - 450

Time Frame: 4H

Targets:

(1) 470
(2) 498
(3) 518

Stop Loss: Close 1D below 423.

Liq. price: 415
(Buy-in calculated at 448)

Profit Potential: 156% ROE

Capital Allocation: <4%.
---

Thanks a lot for your continued support.

Namaste.
Trade active: We have a higher low and good volume on the bounce, so we might have reached the bottom. Let's see how it goes:

We have a hammer on the 4H time frame but this candlestick is yet to close:
Comment: Correct: The bounce did happen and we are moving positively now. ENJOY THE PROFITS!

Chart:
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Related Ideas

this is already failing.
+2 Reply
With the incoming BTC dump (minor dump) I am pretty sure it will hit 423 - 425 sat.
Good luck!
Reply
alanmasters CryptoTraderXL
@CryptoTraderXL, BTC and TRX tend to move inverse, so it might be the other way around.
Reply
CryptoTraderXL alanmasters
@alanmasters, Yes that could be the case. Happy trading!
+1 Reply
alanmasters CryptoTraderXL
@CryptoTraderXL, Thanks.
Reply
Again,As always, Many Thanks
+1 Reply
alanmasters Cryptonailer
@Cryptonailer, My pleasure.
Reply
Thank you Alan!
+1 Reply
@SaltyD, Always... :)
+1 Reply
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