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KMD/BTC 12h (Binance) Descending channel & triangle breakout
TA: Komodo just broke-out that ascending triangle and got rejected on upper-line channel.
I'm expecting a pull-back to retest support then a new attempt to break higher, better wait for entry.
Current Price= 0.0000665
Buy Entry= 0.0000636 - 0.0000612
Take Profit= 0.0000680 | 0.0000771 | 0.0000839
Stop Loss= 0.0000568
Risk/Reward= 1:1 | 1:2.63 | 1:3.84
Expected Profit= +8.97% | +23.56% | +34.46%
Possible Loss= -8.97%
Fib. Retracement= 0.382 | 0.5 | 0.786 |
Margin Leverage= 1x
Estimated Gain-time= 480h
I'm expecting a pull-back to retest support then a new attempt to break higher, better wait for entry.
Current Price= 0.0000665
Buy Entry= 0.0000636 - 0.0000612
Take Profit= 0.0000680 | 0.0000771 | 0.0000839
Stop Loss= 0.0000568
Risk/Reward= 1:1 | 1:2.63 | 1:3.84
Expected Profit= +8.97% | +23.56% | +34.46%
Possible Loss= -8.97%
Fib. Retracement= 0.382 | 0.5 | 0.786 |
Margin Leverage= 1x
Estimated Gain-time= 480h
Operación activa
All entries filled.Operación cerrada: objetivo alcanzado
TP3 was reached with +34.46% and it's now back to entry.This could be a great opportunity to enter again, using same set-up or even higher targets this time!
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Publicaciones relacionadas
Exención de responsabilidad
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.