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CryptoTraderXL
May 11, 2019 9:03 PM

TRXM19 TRX - double hammer Long

Description

I opened just now a TRX long trade on Bitmex.
TRX closed yesterday with a beautiful hammer, could be a nice reversal signal.
Probably today we will close with a hammer, just like yesterday.
There is a bull cross on the MACD, bullish divergence on the daily.

I also used the Binancce TRX/BTC chart. Yesterday the candle closed with a hammer. It touched exactly a major TRX support level @ 340 sat. This makes me think that we will see a solid reversal.

Setup can be found in the chart.

Like & follow if you want see more juicy setups.

PS: always use stop loss, preserving your capital should be your biggest concern.

Cheers!

Trade closed: stop reached

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