TNT EXPLOSION RD 2? Perfect storm?Here is BINANCE:TNTBTC on the 4 HR Chart. After a massive move and deep retrace back to a long term horizontal support and resistance level, wouldn’t be surprised to see another huge move from here! Especially if BTC consolidates, slows down or pulls back after its big move yesterday.
Teirion
TNT-BTC Long Trade PlanCommodity : TEIRION COIN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 9% to 20%
Prospective Loss : 6%
RRR : SL to TP1 is 1.4, SL to TP2 is 2.08 and SL to TP3 is 3.16
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
