TRXBTC- Long Trade

24 Ogo 2018

TRXBTC is looking strong from a technical standpoint. We showed a nice rejection of a critical support structure, and it looks like we're currently sitting above it. If we retrace to the bottom of the structure, consider opening a trade. The stop loss is set directly below a major trend change. If you weather this trade for a few months, you could be looking at a solid 2-2.5x gain. I wouldn't suggest allocating more than 5 percent of your portfolio if we take the second entry, and no more than 8 percent if we take the lower entry. These percentages were established to limit downside to no more than 2% of your portfolio, as per the stop losses. If you're willing to lose more on this trade, then feel free to go higher, but it's a bit of a risky trade right now.

27 Ogo 2018

Nota

Wait for pullback after a short run up for confirmation, then enter this trade.