$TRX (#Tron ) - about to fall ;)
The price is in the gap zone and has almost reached the marked 62% Fibonacci level (0.33), where the alarm is set.
The latest upward move is marked by an increase in open interest on futures while spot positions are declining, which more indicates the closing of spot positions and the opening of shorts.
See what was predicted in the beginning of the year👇
Even in this market conditions you can make money. . .
My potetic 1$ position ;) Risk 1$ for take 78,9$ ;)
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Short risk & profit summary (Short position, $1 with 75x leverage):
Entry: 0.3300
Stop Loss: 0.3318
Take Profit: 0.1880
Risk: $0.41 (40.91% of position)
Profit (TP): $32.27 (3227% of position)
R:R: 78.9 : 1
Approx. Liquidation: 0.3256
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Will you take it?