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TRXBTC

One of the few altcoins that could possibly growMost altcoins don't look good right now. Yes, they can grow up, but they can also fall a lot. So the risk/reward is bad. Altcoins are subordinate to bitcoin, so you need to look at it first. You can try to take a TRX for a small part of the capital. He is consolidating, and we are positive about Bitcoin. Therefore, it makes sense to consider. Stop loss if the day closes below 70. In case of a false breakout, you can re-enter the position. Take Profit. Marked in red on the chart. Don't use more than 5% of your capital per altcoin. Better to use 2-3%.
Long
by pennygene
2
Tron (TRXBTC) – Coin of the WeekThis week’s coin is TRON. TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS — 24/7. TRON has positioned itself as an environment where content creators can connect with their audiences directly. Technically, we are in a 4H consolidation right now and any dip below the price of 0,00000070 BTC we view it as a great investment opportunity. Other areas to watch is the resistance area at 0,00000130 BTC because if the price breaks it and consolidates there it means it should go higher and it has potential to go a lot. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
Long
by financialflagship
8
TRX - Bullish CrossoverThis is a trade only for those with an appetite for high risk, high reward trades. The alt coin market has been shaky due to the major Bitcoin movement we have been experiencing since last week. Because of this reason I haven’t been trading much, just hedging into Bitcoin and my long term holds. That being said, TRX/BTC on the 4h is starting to form some really nice data. We are nearing a bullish crossover after 5 days of correction from its recent run. In addition we can see from the AO that selling momentum is slowing down and there are now more buys than sells. This is apparent by the 100 sat psychological support where there are HUGE bid supports (more than 5 BTC walls). I will be entering with a tight stop loss and two possible entries. I will split my play between these two entries incase the market dips more, which is very possible. Entries: 102 sats (50%), 98 sats (50%) Stop Loss: 95 sats (risk of 7% loss, 3-4% if you took both entries) Targets: 110, 120, 135, 145 sats
Long
by mablack15
2