Tron TRX/BTC Bullish Flag 300%+ Profit (Risky Trade)

547 2
On the downtrend of TRX after its all time high it has shaped a bullish pennant pattern. This is a very risky trade as it could go either way at this point. It is a bullish signal forming this pennant but TRX has been on a rapid decend and could break through its support level around 700 satoshis.

If the support level of 700 sats is broken we can expect TRX to fall further down to around 500 sats .

The MACD looks like it wants to have an upward cross but this is not confirmed yet and as such still a risky trade.

Buy in: 0.00000750 - 0.00000900

Stop-loss: 0.00000680


1 - 0.00001391
2 - 0.00001797
3 - 0.00002042
4 - 0.00002397
5 - 0.00002832

Make sure to set your stop loss as this could move either way fast!

Happy trading,

Well we are on the move, let's see how this plays out.
First good TA on TRX in a while. Thx!

Mine pointed towards a bit lower buy in range and and targets, which would be good for anybody more risk averse.
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