Tron Glorious SHORT Opportunity | 3-6X (300% BD-Pot.)

Updated
My dear friends, here I find an amazing chart setup for a glorious SHORT on Tron (TRXUSDT).

This setup becomes stronger and more appealing because of the recent final upward push. These types of moves coming out of nowhere can signal the end, the last hooray, so to speak, of a bullish trend.

There is a very strong bearish divergence since February with both, the MACD and RSI.

These leveraged chart setups are for experts only so I will leave out all of the small details.

If you cannot accept the fact that some trades fail, then this might not be for you. Grown ups and all sort of intelligent, mature people; adults, clearly know and understand that there is risk involved in all types of undertakings.

We are doing higher lev. but publicly we err on the low side.

I hope that you find this information useful.

Remember that leveraged trading is high risk and recommended only for experts. Mistakes can lead to full liquidation of your position and money lost. Even doing things correctly can lead to losses and this is normal when trading or in any venture in life.

Trading tend to produce many winning as well as many losing trades. It doesn't matter the result of a single trade or even a trading session or period, what matters is the end result.

Only non-traders would become really excited and insulting just because a failed chart setup/analysis. Decent human beings understand that sometimes things don't go our way. All the greatest traders in the world are aware that the true, real, big profits are earned in just a few simple trades. One can make many mistakes, it can be trading or even in life, and still end up a success.

This is not financial advice.

Patience is key.
Perseverance, a good mental attitude and determination are needed for long- and short-term success.

You are divine and you are allowed to make mistakes. There is nothing wrong with it and it only reflects your human nature.
We learn from those mistakes to grow... If we fail, we can back bigger, better and stronger for more.

A winner is the person that never gives up.

Namaste.
Trade active
This is it... High gear on this one.

Good luck!
Note
Daily breakdown happening now.
The SHORT remains valid.

This chart setup is becoming stronger.

Considering the fact that the uptrend lasted 644 days, this can turn into a major correction for this pair.
Trade active
(Full numbers released)

SHORT TRXUSDT

Leverage: 4X - 10X

Current price: $0.1558

Entry levels:

1) $0.1750
2) $0.1600
3) $0.1480

Targets:

1) $0.1420
2) $0.1340
3) $0.1260
4) $0.1190
5) $0.1070
6) $0.0990
7) $0.0870
8) $0.0780

Stop-loss:
Adjust to your own risk tolerance

Potential profits: 200% - 499%

Capital allocation: 4-6%
Trade active
A continuation of the bearish move is now developing on the daily timeframe.
Feel free to hit the gas. It is going down.
Trade active
Tron right now is in a critical situation.

After growing for 644 days straight, the bullish wave is coming to an end.

We are looking at the long-term chart.

How far down can it go?

snapshot

What we can predict easily and with certainty is the 0.382 Fib. retracement level. This matches the rising trendline of the bullish wave. Corrections tend to move at least this low. After such major growth, as seen here, Altcoins, Cryptocurrencies, tend to correct to a level between 0.618-0.786 and from what we've seen recently even lower.

Now, we know that Tron has its own economy and is really strong, but it is still an Altcoin and a Crypto, so some things cannot be avoided.

It will break all marketwide patterns if it moves down to 0.382 and starts to recover the next day, or it will simply crash, really strong, surprising everybody like Crypto does and then start a long-term recovery; nothing new under the sun.

We are super bullish and optimists but always like to stay on the side of fact, reality and truth.

Based on all the data available, it is more likely that an incredible crash will happen on this pair, rather than some magical event will take place.

Tron is already moving within a major correction, this is the third week red.

What I am saying is only speculation, but the market tends to balance out growth with corrections.

Five steps forward and three steps back, like Mercury or the very famous Elliot Waves.

➖ If you are SHORT, you are fine.
➖ If you are bullish, run away.

Namaste.
Trade active
This SHORT remains valid. Obviously, patience is key.
Market conditions have not change.

A major drop is the next move that will develop on this chart based on the chart structure, price action and signals.

Thank you for reading.
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