Chromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
Trade active
First entry filledChromia dipped to demand zone and bounced back as expected, break-out is confirmed!
Trade closed: target reached
TP1 reached with +12.65% (1x) and +1.25RChromia legged up almost hitting 2nd target, missed by 1 sat (0.10%), that was very close!
Up to +45.98% if you traded it on Margin using 2x, that a pretty nice and fast result 💪🏼
Still looks good for bullish continuation after that pull-back, SL moved to lowest entry (0.00000806).
Trade closed: target reached
TP2 reached with +23.11% (1x) and +2.29RChromia dipped more and retested demand zone before bouncing back stronger again!
PC bot closed the remaining position as mentioned it would on prior message, up to +30.17% profit if you stuck to original SL.
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Disclaimer
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.