Tron (TRX) formed bullish Cypher | a good long opportunity

Tron (TRX) formed bullish Cypher | a good long opportunity

By moon333 | moon333 | 18 Apr 2021


Hi dear friends hope you are well and welcome to the new update on Tron ( TRX ).

Previously we had a good trade of TRX coin.

mdEbcfDD_big.png

https://www.tradingview.com/chart/TRXUSDT/mdEbcfDD-TRX-formed-bullish-BAT-for-upto-27-rally/ 

 

Now this time on a 4-hour small time frame chart, the price action of RAMP has formed a bullish Cypher pattern. There is also 50 simple moving average support below the buying zone.

5CJUd0xO

https://www.tradingview.com/chart/TRXUSDT/jFNVE0Ha-Tron-TRX-formed-bullish-Cypher-a-good-long-opportunity/ 

 

Buy and sell targets:
Buy between: $0.1509 to $0.1430

Sell between: $0.1571 to $0.1721

Stop loss:
The maximum extent of potential reversal zone $0.1430 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 20%, and the loss possibility is 6%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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