Long
TRX Sun Moon?
Opened a long on $BITMEX:TRXZ19. We can see bulligh rsi divergence, upticking histogram, potential macd bull cross, and increasing volume. Additionally 
dominance is declining. However, I have to be careful becuase a btc pump could rekt this. It's holding above the 4hr 20ma @ 191, and I like the confluence with the 4hr 50ma @192. This could be pretty. My target is just below the 0.272 fib extention of the previous wave. I also like the risk:reward on the trade: 7. Let's see how this plays out.
#TRX/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 5
Entry Zone: 190-193
Take-Profit Targets: 199-210-220-230-240
Stop Targets: 185
Risk: 18.25%
Rate: 192
dominance is declining. However, I have to be careful becuase a btc pump could rekt this. It's holding above the 4hr 20ma @ 191, and I like the confluence with the 4hr 50ma @192. This could be pretty. My target is just below the 0.272 fib extention of the previous wave. I also like the risk:reward on the trade: 7. Let's see how this plays out.#TRX/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 5
Entry Zone: 190-193
Take-Profit Targets: 199-210-220-230-240
Stop Targets: 185
Risk: 18.25%
Rate: 192
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Related publications
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.