COCOS/USDT 12H (Binance) Falling wedge pullback & Double bottom
Cocos-BCX is at bottom at 5 satoshis also, it looks like time to reversal is now.
Entry range= 0.000489 - 0.000465
Take Profit= 0.000535 | 0.000579 | 0.000649
Stop Loss= 0.000419
Risk/Reward ratio= 1:1 | 1:1.76 | 1:3
Expected Profit= 12.16% | 21.38% | 36.63%
Possible Loss= -12.16%
Fib. Retracement= 0.236 | 0.382 | 0.618
Entry range= 0.000489 - 0.000465
Take Profit= 0.000535 | 0.000579 | 0.000649
Stop Loss= 0.000419
Risk/Reward ratio= 1:1 | 1:1.76 | 1:3
Expected Profit= 12.16% | 21.38% | 36.63%
Possible Loss= -12.16%
Fib. Retracement= 0.236 | 0.382 | 0.618
Operación activa:
SL almost hit then TP almost reached also and back to Buy range. Now blue support is acting as resistance, if you're not in yet wait for it to be broken. If you're already in, hold until targets or stop!
Operación cerrada: precio stop alcanzado:
SL hit with -12.16%. Now on triangle S/R at 0.000401
Big volume entered today, new set-up soon, keep an eye on it!
Big volume entered today, new set-up soon, keep an eye on it!