TRON / BitcoinUpdated TRON (TRX) - Trade Idea
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.
Trade active
Position entered at 0.00000187.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.