Tron has broken out bullish locally and looks ready to continue upwards after that 100EMA retest!
Current Price= 0.00000191
Buy Entry= 0.00000190 - 0.00000184
Take Profit= 0.00000205 | 0.00000219 | 0.00000237
Stop Loss= 0.00000172
Risk/Reward= 1:1.2 | 1:2.13 | 1:3.33
Expected Profit= +9.63% | +17.11% | +26.74%
Possible Loss= -8.02%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Current Price= 0.00000191
Buy Entry= 0.00000190 - 0.00000184
Take Profit= 0.00000205 | 0.00000219 | 0.00000237
Stop Loss= 0.00000172
Risk/Reward= 1:1.2 | 1:2.13 | 1:3.33
Expected Profit= +9.63% | +17.11% | +26.74%
Possible Loss= -8.02%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Trade active
All entries filledTron dipped a bit more than planned, hitting 50MA and retesting the wedge.
Nice bullish rejection down there, let's see if it's able to bounce in the coming days!
Note
Consolidating above 100EMATron is holding nicely and forming a bullish pennant, we still expect a move-up soon!
Trade closed: stop reached
SL hit with -8.02% (1x) and -1RTron tried hard to stay above 50MA but lost it then got rejected and fell more, maybe another time..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.