TRX: HUGE 40+ PERCENT GAINS WITH A 7.25 RISK REWARD
Updated
Disclaimer: Anything that I say is my own opinion. I have been doing my own personal research and believe that TRX is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump", it is just a friendly investor sharing his insights.
As you may know, I charted TRX a few days ago and we saw incredible surges in price. At one point I was up around 150% my money! With all highs there are lows and I soon saw TRX slowly come crashing down. After watching the charts, and holding, I now see a potential for TRX to explode again.
Let's get started!
Firstly, I wish you could see the 1 minute chart that I have created. Tradingview won't allow me to publish the 1 minute chart, but if you could, I would try to change it so you can understand my predictions.
To start off, I put an orange line to indicate the support line. For the past day I have been seeing TRX fall back on this number giving me the prediction that it is a good time to buy more stock.
The resistance line that TRX must break through to see a surge is around 0.00013704 (Purple line)
Like always, I put a blue rectangle to indicate where you should buy. This range is between the support and resistance lines. This would be around 0.00013703 and 0.00013248
I will be putting milestones in the chart, but you do not have to follow them.
1st milestone: 0.00014112
I would not advise to sell anything at this milestone. If you are skeptical about trading and want to ensure you come out of this trade then take a small percentage out.
2nd milestone: 0.00014795
I believe, even if you want to hold for longer, you should sell a small portion here (10 percent) Ensure you have some profit from this trade.
3rd milestone: 0.00015436
This is a huge milestone. If TRX hits this milestone we can easily see it surge to the fourth.
4th milestone: 0.00018843
In the next few days I believe that TRX as the capability to easily surge to this milestone. That would ensure a 40% return with a 7.25 risk reward.
Thanks for looking at my charts. If you have any questions or pointers regarding TRX or trading in general let me know. Happy trading!
As you may know, I charted TRX a few days ago and we saw incredible surges in price. At one point I was up around 150% my money! With all highs there are lows and I soon saw TRX slowly come crashing down. After watching the charts, and holding, I now see a potential for TRX to explode again.
Let's get started!
Firstly, I wish you could see the 1 minute chart that I have created. Tradingview won't allow me to publish the 1 minute chart, but if you could, I would try to change it so you can understand my predictions.
To start off, I put an orange line to indicate the support line. For the past day I have been seeing TRX fall back on this number giving me the prediction that it is a good time to buy more stock.
The resistance line that TRX must break through to see a surge is around 0.00013704 (Purple line)
Like always, I put a blue rectangle to indicate where you should buy. This range is between the support and resistance lines. This would be around 0.00013703 and 0.00013248
I will be putting milestones in the chart, but you do not have to follow them.
1st milestone: 0.00014112
I would not advise to sell anything at this milestone. If you are skeptical about trading and want to ensure you come out of this trade then take a small percentage out.
2nd milestone: 0.00014795
I believe, even if you want to hold for longer, you should sell a small portion here (10 percent) Ensure you have some profit from this trade.
3rd milestone: 0.00015436
This is a huge milestone. If TRX hits this milestone we can easily see it surge to the fourth.
4th milestone: 0.00018843
In the next few days I believe that TRX as the capability to easily surge to this milestone. That would ensure a 40% return with a 7.25 risk reward.
Thanks for looking at my charts. If you have any questions or pointers regarding TRX or trading in general let me know. Happy trading!
Trade active
TRX has surpassed the resistance line! Look for a surge!Trade active
Huge drops and a lot of red by TRX. I am personally holding through this time and expect a jump back. Good time to buy back if interested! Happy Trading!
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