$BZRX/USDT 1D (Binance Spot) Falling wedge breakout
Updated
bZx Protocol regained 50MA support and is retesting it right now, good place to start swinging!
Current Price= 0.2248
Buy Entry = 0.2244 - 0.2020
Take Profit= 0.2798 | 0.3436 | 0.4221
Stop Loss= 0.1598
Risk/Reward= 1:1.25 | 1:2.44 | 1:3.91
Expected Profit= +31.24% | +61.16% | +97.98%
Possible Loss= -25.05%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 0.2248
Buy Entry = 0.2244 - 0.2020
Take Profit= 0.2798 | 0.3436 | 0.4221
Stop Loss= 0.1598
Risk/Reward= 1:1.25 | 1:2.44 | 1:3.91
Expected Profit= +31.24% | +61.16% | +97.98%
Possible Loss= -25.05%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade closed: target reached
TP1 reached with +27.74% (1x) and +1.25RbZx Protocol broke out of the descending TL bringing great profit already, what a start!
SL moved up to 2nd entry (0.2020$), let's enjoy the party now 🥳
Trade closed: target reached
TP2 reached with +61.16% (1x) and +2.44RbZx Protocol is pushing higher that's great news, SL updated to 1st entry (0.2244$) now.
Trade closed: target reached
TP3 reached with +97.98% (1x) and +3.91RThat's a wrap for bZx Protocol, all targets achieved even faster than expected!
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