After almost a month of steady decline, Tron finally started a rally which has seen gains of over 30% on the past few days. It has now formed a HUGE bearish pennant which should resolve down hard, specially since lately when BTC rallies, alts go down and when btc drops... alts go down. If BTC keeps on lateralizing it might climb a bit but my money is on a steep fall.
Huge opportunity for great profit. First tp would be on the 0.382 fib, and then let it run with a tight SL just in case it somehow bounces from there.
Remember, stop losses are always needed, a trader stopped out can't go broke.
Safe trades!
Huge opportunity for great profit. First tp would be on the 0.382 fib, and then let it run with a tight SL just in case it somehow bounces from there.
Remember, stop losses are always needed, a trader stopped out can't go broke.
Safe trades!