TRXBTC trade ideas
TRX will be printing more green candles.TRX Daily Chart was not inspiring me, so I zoomed in a little (actually, H4 is my favorite configuration, but i prefer trading Daily trends). So here TRX is in a bull trend from start of September. It is making Higher Highs and Higher Lows, printing a Rising Channel.
210 sats has been an important Support / Resistance before, so I'm watching the price action here, and as usual, close below = bearish, close above = bullish.
The next support to long is around 180 sats and the lowest support is at 140 sats but I don't think it will reach that price anymore.
INTRADAY MARKET UPDATEThe red column indicates to sell and the green column indicates to buy... Look at the most recent bar to see if it is a buy or a sell. Follow us to get updates on here every 2 hours for our system!
To effectively use our system you need to trade XRPBTC , EOSBTC , XBTUSD , ETHUSD , LTCBTC , TRXBTC , ADABTC and BCHBTC all at the same time on BitMEX. Our research shows that by creating a portfolio of trades we can reduce the drawdown on our portfolios on BitMEX. We keep 8 positions (1 on each) open at all times and swing trade following our system.
We are committed to helping traders get to the next level
Expected profits for 12 months following our ideas.
1BTC to 30BTC X1 leverage
1BTC to 100BTC X2 leverage
1BTC to 1000BTC X3 leverage
Best regards,
Ryan Grey
TRX/BTCKeep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
If TRX holds the green box range and respects it as support then we can see TRX test previous resistance levels. If you had bought TRX at green box 1 you should have hit your first and second profit target already, and the trade has been very profitable!
TRX has so far touched the second orange box, retraced and now looks like it may do a re-test of the high. If it cant break above the second orange box range it is likely to come down and hit the second green box (2), where we want to see a strong hold for support.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price.
INTRADAY MARKET UPDATEThe red column indicates to sell and the green column indicates to buy... Look at the most recent bar to see if it is a buy or a sell. Follow us to get updates on here every 2 hours for our system!
To effectively use our system you need to trade XRPBTC , EOSBTC , XBTUSD , ETHUSD , LTCBTC , TRXBTC , ADABTC and BCHBTC all at the same time on BitMEX. Our research shows that by creating a portfolio of trades we can reduce the drawdown on our portfolios on BitMEX. We keep 8 positions (1 on each) open at all times and swing trade following our system.
We are committed to helping traders get to the next level
Expected profits for 12 months following our ideas.
1BTC to 30BTC X1 leverage
1BTC to 100BTC X2 leverage
1BTC to 1000BTC X3 leverage
Best regards,
Ryan Grey
INTRADAY MARKET UPDATEThe red column indicates to sell and the green column indicates to buy... Look at the most recent bar to see if it is a buy or a sell. Follow us to get updates on here every 2 hours for our system!
To effectively use our system you need to trade XRPBTC , EOSBTC , XBTUSD , ETHUSD , LTCBTC , TRXBTC , ADABTC and BCHBTC all at the same time on BitMEX. Our research shows that by creating a portfolio of trades we can reduce the drawdown on our portfolios on BitMEX. We keep 8 positions (1 on each) open at all times and swing trade following our system.
We are committed to helping traders get to the next level
Expected profits for 12 months following our ideas.
1BTC to 30BTC X1 leverage
1BTC to 100BTC X2 leverage
1BTC to 1000BTC X3 leverage
Best regards,
Ryan Grey
LONG - TRX - Trading Opportunity#TRX/BTC nice retest and consolidation above support, expecting another leg up from here.
Entry: 0.00000213
StopLoss: 0.00000202
TP 1: 0.00000225
TP 2: 0.00000234
TP 3: 0.00000262
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