In my last idea, I called for a Tron short. We have just hit target for 6.5% profit. The original Tron short would be in 10%+ profit.
I have just made 17% of my entire account. I had short 3 million contracts of Tron at an average entry price of 395, and then I longed Tron during 335 on Bitmex and made another 6%.
If I had used 10x leverage, I would have made over 100% of my entire account, but I did not. You may choose to if you wish.
If you followed my calls during the minute I posted, you would also be up 6% as of right now on TRXZ18. If you used 10x leverage you would be up 60%. The 6% call was basically a 100% certain to make profit, as Tron futures were at 335 while Tron on Binance at the time was 370.
RIght now it looks like Tron may continue to head lower to 350, or may hold the current price. I do believe it could reach 376 if Bitcoin bottoms here as it is very oversold right now.
Have a stop loss below your entry position. It is hard to have a good stop loss as this bottom has not formed as of right now. I had longed 335 and closed 360, netting me 6%+ profit and I currently am long with a very small position at 360. I expect this to hit 350.
If Tron does bounce, you can have a very good short setup if it reaches 410. I believe 378 is more likely. The numbers I posted refers to the Binance chart. If you are trading Tron futures, they will be different. Message me if you have questions.
Ideal Trade
Short
410
Stop Loss:
430
Expected Trade
Short:
380
Stop Loss:
395
Thanks for viewing! If I made you money, feel free to tip me.