CryptoTherapist

TRX-BTC Long Trade Plan

Long
CryptoTherapist Updated   
BINANCE:TRXBTC   TRON / Bitcoin
Commodity : TRON
Trade Type : LONG
Trading Against : BITCOIN

Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks

Bitmex Trade
Investment in trade : 3% of the total Trading Balance.
Leverage : 3x
Prospective Profit : 28% to 77.94%
Prospective Loss : 19.38%
RRR : SL to TP1 is 1.49, SL to TP2 is 2.32, SL to TP3 is 3.17 and SL to TP4 is 4

Binance Trade
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 9.45% to 25.98%
Prospective Loss : 6.46%
RRR : SL to TP1 is 1.49, SL to TP2 is 2.32, SL to TP3 is 3.17 and SL to TP4 is 4

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Comment:
Moving entries closer as follows to the bottom of the previous candles.
Let's see how this goes
Moving SL closer too to protect the RRR
Trade active:
New SL

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