Internet Computer Protocol is accumulating above 50MA since it was regained, downtrend has ended, time to look up!
Current Price= 0.001362
Buy Entry= 0.001351 - 0.001253
Take Profit= 0.001577 | 0.001793 | 0.002077
Stop Loss= 0.001119
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.23
Expected Profit= +21.12% | +37.71% | +59.52%
Possible Loss= -14.06%
Fib. Retracement= 0.786 | 1.117 | 1.5
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 0.001362
Buy Entry= 0.001351 - 0.001253
Take Profit= 0.001577 | 0.001793 | 0.002077
Stop Loss= 0.001119
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.23
Expected Profit= +21.12% | +37.71% | +59.52%
Possible Loss= -14.06%
Fib. Retracement= 0.786 | 1.117 | 1.5
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade closed: target reached
TP1 reached with +21.12% and +1.5RInternet Computer Protocol bounced as planned perfectly hitting first target, then pulled-back hard kicking us out at 2nd entry.
Although, 50MA held like a champion and up-trend is still intact, we recommend to enter back manually targeting higher levels!
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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.