Tron reached big time frame demand level and looks like a reversal is underway.
I am bullish Tron in the long run, however found this quick short based on Bearish Bat pattern. Take note this trade is counter-trend, with BTC breaking new highs every other day, at least a slight correction on the bitcoin is highly likely to give TRXBTC that upward move. Proceed with cautious and do not hesitate to cut profit/loss early if uncomfortable.
Entry: 367
SL: 378
TP1: 344
TP2: 330
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
I am bullish Tron in the long run, however found this quick short based on Bearish Bat pattern. Take note this trade is counter-trend, with BTC breaking new highs every other day, at least a slight correction on the bitcoin is highly likely to give TRXBTC that upward move. Proceed with cautious and do not hesitate to cut profit/loss early if uncomfortable.
Entry: 367
SL: 378
TP1: 344
TP2: 330
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.