Tron (TRX) Important level approaching. Right 4/4 times so far.

27 thg 5, 2018

After its run-up yesterday, Tron is currently cooling down. If it can hold the 960 to 980, it is a vital signal of strength for the altcoin. This will decide how far this mainnet launch takes us.

*Please note that this is a safer trade but if it does not go to plan, you need to react accordingly.

How to trade:
If you currently hold TRX, be aware that if we cannot hold the 960 support zone we will probably see a drop of at least 3%.

Therefore, we have a stop loss at 957

Buy in (if situation above does occur):
920 satoshi support zone
850-900 support zone (unlikely)

If we do hold the 960 support:
Buy in:
960-970 support level

Sell targets:
980-1081 satoshi range
1100 satoshi level
1260 satoshi level
1379-1400 satoshi level

Thank you for reading! Tron has been a perfect target to use TA on, and it has gone 100% to my expectations. Please leave any criticisms in the box below.

If you are interested, you can check out my previous 4 Tron charts, where I called the top and bottoms 4 times accurately.

27 thg 5, 2018

Ghi chú

1 hour chart

27 thg 5, 2018

Đóng lệnh: dừng lỗ

Stop loss at 957 reached, trade is still active, but now we need to find the bottom to buy back in.

28 thg 5, 2018

Ghi chú

As mentioned in the comments, 923 would be the ideal target for a buyback. I have sold everything at 957 and am currently looking for the bottom.

28 thg 5, 2018

Ghi chú

Buy target hit. Rebought for a 3.40% increase in my TRX position. If this falls through the rising support a new chart will be posted.

28 thg 5, 2018

Ghi chú

Also guys make sure to note that 923 is possibly not the bottom.

29 thg 5, 2018

Ghi chú

New chart updated! By the way, for those curious on how I trade TRX, I sold everything at 898 again, bought back in at 800 sats, sold at 827.

Currently have a stop limit order for 780. I'll see how this plays out.