Yuriy_Bishko

🔥Tron PRINT another $1B USDT. +285%🚀 is a technical target!

BINANCE:TRXUSDT   TRON / TetherUS
📊 Hi friends! Tron print another 1 billion most likely for the big player (whale or investment fund) that let him opportunity to buy crypto. 🔥 This happened on October 24, just before Bitcoin's PUMP to $20800.

🚩 Why the TETHER (USDT) supply is a strong BULLISH signal and how you can use it to make money? I describe it in this educational idea.

If you take a look on the TRON chart you will see that this very technical altcoin. The breakout on the previous triangle(or pennant) lead the price to the new ATH. When I look at this triangle on the daily timeframe I think that the scenario with the triangle breakout can be repeated.

📊 The most important preconditions to open a long:
✅ false breakout of the key level at $0.05+sl collection of the biggest part of long traders. Whales bought a lot of TRX on that DUMP
✅ the large volumes on every dumps of TRX. Someone accumulate big position
🔥 squeeze to the local trendline or to the upper boundary of the triangle. It's up to your trading strategy. I share my personal advises only with my subscribers
🔥 bullish BTC

🚩 Short traders will become the fuel for this growth! The higher the price will grow, the more shorters will be liquidated.

📊 My main targets for the TRON:
1. $0.92 - key level
2. $0.129 - key level
3. $0.18 - key level
4. $0.25 - the technical target, according to the triangle breakout pattern

🔥 Possibly, TRX can make 24x but it depends on many factors. First of all is the bullish BTC and the beginning of the bull market.

🚩 Traders, remeber that you need to book your profit and then spend it. Trading is for making money and not about sitting in front of the screen 24/7.

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

Get access to the private club with VIP signals 👉 bit.ly/Biko_ViP

🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy

🔷YouTube 👉 bit.ly/YouTube_Lessons
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.