TRON (TRX) - Trade Idea
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Similarly to other alts, Tron offers the same trend-following proposition. In this case, we would enter the trade on a new 47-day high by buying strength. Additionally, the R:R proposition compared to other alts is much more favorable and the volatility allows us to place the stop comfortably below a significant level of support.
Remember that a sound risk management plan would limit exposure to correlated assets. Since we can't enter a position on all alts at the same time, we must pick and choose the ones with a better trade proposal.
Remember that a sound risk management plan would limit exposure to correlated assets. Since we can't enter a position on all alts at the same time, we must pick and choose the ones with a better trade proposal.
Transaction en cours
Position entered at 0.00000187.
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