Opened a long on BITMEX:TRXZ19. We can see bulligh rsi divergence, upticking histogram, potential macd bull cross, and increasing volume. Additionally
BTC.D
is declining. However, I have to be careful becuase a btc pump could rekt this. It's holding above the 4hr 20ma @ 191, and I like the confluence with the 4hr 50ma @192. This could be pretty. My target is just below the 0.272 fib extention of the previous wave. I also like the risk:reward on the trade: 7. Let's see how this plays out.
#TRX/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 5
Entry Zone: 190-193
Take-Profit Targets: 199-210-220-230-240
Stop Targets: 185
Risk: 18.25%
Rate: 192
BTC.D
is declining. However, I have to be careful becuase a btc pump could rekt this. It's holding above the 4hr 20ma @ 191, and I like the confluence with the 4hr 50ma @192. This could be pretty. My target is just below the 0.272 fib extention of the previous wave. I also like the risk:reward on the trade: 7. Let's see how this plays out. #TRX/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 5
Entry Zone: 190-193
Take-Profit Targets: 199-210-220-230-240
Stop Targets: 185
Risk: 18.25%
Rate: 192
