shaggad

TRXZ18 Short [45.58% Profit Potential]

shaggad Updated   
BITMEX:TRXZ18   None
Remember to like!

Looks like TRX is about to go down. Lets short it.

Trade: Short TRXZ18

Current Price: 0.00000362

Time Frame: 4 Hour

Leverage: 15x

Current Resistance: 0.00000339

Buy in: 0.00000361-0.00000364

Take Profits:

(1). 0.00000359
(2). 0.00000356
(3). 0.00000353
(4). 0.00000351

Stop Loss: 0.00000370

Estimated Liquidation Price: 0.00000376

Profit Potential: 45.58% ROE

Capital Allocation: <10%
Comment:
Reasons for this trade:
1. MFI (money flow indicator) going down
2. RSI trending down
3. MACD trending down
4. Overall trade volume going down

Clear easy short. Remember to like and support for more winning trades.
Comment:
Targets (1) and (2) Reached. 24.86% ROE Booked so far.
Trade closed: target reached:
TRX short all targets reached. 45.58% ROE booked.
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