Dexter_The_Trader

TRON SHORT ENTRY TRADE SET-UP

Short
BINANCE:TRXUSDT.P   TRON / TetherUS PERPETUAL CONTRACT
Hello folks,

Here is the short entry for TRX/USDT.
The reason why I choose to short TRX is that it formed an inverse head and shoulder pattern at the bottom and went skyrocket within no time and it also broke the resistance trendline. Now here is an interesting thing, there is no retest took place so far. Right now it is trending above the 200 D MA but it may not last long. The retest or the downtrend will lead the price up to the 100 D MA which will be almost 15% down.

I am placing my short order at the short entry 1 ($0.065-$0.066 as shown in the chart) and I am placing cone more short entry at short entry 2 ($0.073-$0.074 in case if it further goes up).

Targets will be 10% to 15% low from the entry.

Note: Use 5-10 x leverage to stay risk-free.

Do let me know if you make a good profit out of this trade.

Take care and stay safe.

#cryptocurrency #Bitcoin #bearish
Comment:
Our target almost fulfilled. I don't know if anyone saw this trade or not but if you did then congratulations. Made almost 10% profit and with 5x lev, it is 50%.

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