Long

$ATM/BTC 4h (Binance Spot) Falling wedge breakout and retest

By TradingOn
Updated
Atlético de Madrid Fan Token broke out bullish again and is retesting 50MA, this time should be it!

Current Price= 0.0003475
Buy Entry= 0.0003487 - 0.00033337
Take Profit= 0.0003811 | 0.0004393 | 0.0004848
Stop Loss= 0.0003092

Risk/Reward= 1:1.25 | 1:3.07 | 1:4.49
Expected Profit= +11.69% | +28.75% | +42.09%
Possible Loss= -9.38%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Trade closed: target reached
TP1 reached with +11.69% (1x) and +1.25R

Atlético de Madrid bounced on 50MA as well, actually it went for TP2 with up to +37.37% but that was too fast for the PC bot!
It will most likely go back for it later, SL updated to second entry (0.0003337₿) anyway.

snapshot
atleticodemadridatmfantokenTrend Analysis
TradingOn

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