alanmasters
Long

Tron (TRXM19) Gaining Bullish Momentum (180% ROE Possible)

BITMEX:TRXM19   None
Tron (TRXM19) is starting to gain bullish momentum on the 4H time frame. The last four candles closed green and volume is starting to build up on a Monday.

We saw how Ripple (XRPM19) took off with great strength, Ripple and Tron tend to move together on BitMEX.

If TRXM19 can break 0.00000366 (EMA50) and remain above this level, a strong bullish move can happen. A good trade set up is available here.

Make sure to hit like if you would like to see a full trade for TRXM19. I will share if there is enough interest/support.

Thanks a lot for reading.

Namaste.
Comment: I will share the trade at 100 likes. (Time sensitive, already reaching out of our buy-in range).
Comment: This one is already moving, we hit our first target.

Targets:

(1) 0.00000388 -Reached 15-May.
Comment: Below is our Tron (TRXM19) full trade, it reached up to our second target.

In total, this generated around 83.28% ROE from "calculated buy-in" to the second target.

If you bought at the lower end, then that would be around 121.74% ROE from lower end of buy-in to peak price after sharing, around 409 satoshis.

Great profits!

Note: I will share an updated version of this trade with a new buy-in/entry for all those that showed interest and hit like.

THANKS A LOT FOR THE SUPPORT.

-----------------------------------
Trade: LONG TXRM19

Leverage: 6X

Buy-in: 0.00000340 - 0.00000360

Time frame: 1D

Targets:

(1) 0.00000388 -Reached
(2) 0.00000410 -Reached
(3) 0.00000437
(4) 0.00000470

Stop-loss: Close daily below 0.00000333

Liq. price: 0.00000309
(Buy-in calculated at 0.00000360)

Potential profits: 183.3% ROE

Capital allocation: 7%
Trade active: We are up and running, we aim for higher targets now.
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Related Ideas

why 470 I don't see any resistance there I would say we will see a rejection at 500
Reply
Trx/usd looks bullish as hell
+1 Reply
On the major Exchanges I see a bullish engulfing candle on the daily. Looking forward to your setup, although I am already in a long position.
Reply
alanmasters CryptoTraderXL
@CryptoTraderXL, I was looking at the same, very close to bullish engulfing...
+1 Reply
CryptoTraderXL alanmasters
@alanmasters, sometimes close enough is good enough. Each candle has his own story. Looks like this story will have a positive end. Cheers!
Reply
Already long thanks for the TA
+1 Reply
@tomash1, My pleasure.
Reply
yes it shows bullishness
+2 Reply
@swams, Thanks for confirming.
Reply
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