Tron saw a decent size dip where it found support and bounced at the .88 Fib Level since it bottomed on 8/15, and it looks to be putting in a higher low. I do believe we are overdue for a relief bounce on the larger time scale (Daily) where we will visit the .236 (.00000454) and .382 (.00000575) Fib Levels soon. Stretch target would be the .618 Fib (.00000770). This is how I will be playing TRXBTC:
TRX Swing Trade
Buy: .00000310-.00000330
STOP: .00000329
Take Profit 1: .00000454
Take Profit 2: .00000575
Risk/Reward: 3.36
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest, and adopt a crypto currency lifestyle. If you found this chart helpful, please give it a like and follow me on Twitter.
Thank you,
Mike, the OMEGA Trader
TRX Swing Trade
Buy: .00000310-.00000330
STOP: .00000329
Take Profit 1: .00000454
Take Profit 2: .00000575
Risk/Reward: 3.36
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest, and adopt a crypto currency lifestyle. If you found this chart helpful, please give it a like and follow me on Twitter.
Thank you,
Mike, the OMEGA Trader
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.
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.