Tron is currently on the markup phase, or so it seems. We should be seeing rapid price action and volume in the next few days.
If you are trading or are planning to, please use a stop loss. I think around 430 would be a good place, you could also use a tighter one, around 460 if you prefer.
Entry: 480-520
TP1: 696
TP2: 877
TP3: 1200
SL: 430/460
Take profits, don't HODL. If you are stopped out, get out.
If you agree with this idea please give thumbs up! Would love to hear what you think in the comments!
*Not intended as trading advice, this is just MY trading idea. Use your own judgment when trading real money.
If you are trading or are planning to, please use a stop loss. I think around 430 would be a good place, you could also use a tighter one, around 460 if you prefer.
Entry: 480-520
TP1: 696
TP2: 877
TP3: 1200
SL: 430/460
Take profits, don't HODL. If you are stopped out, get out.
If you agree with this idea please give thumbs up! Would love to hear what you think in the comments!
*Not intended as trading advice, this is just MY trading idea. Use your own judgment when trading real money.
Note
Smaller timeframe analysisNote
Update: Tron looks strong, I expect TP2 to hit eventually. TP3 is a bit far fetchedTP1: 696 (reached)
TP2: 877
TP3: 1200
Note
Trade still looks good, but think about moving your SL well into profit. TP3 is a bit of a long shot imo. TP1: 696 (reached)
TP2: 877 (reached)
TP3: 1200
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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.
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.