Long

$KMD/BTC 1D (Binance Spot) Descending channel breakout & retest

Updated

Komodo time is coming, after such downtrend next move up will be massive in my opinion!

Current Price= 0.0000155
Buy Entry= 0.0000155 - 0.0000135
Take Profit= 0.0000238 | 0.0000308 | 0.0000361
Stop Loss= 0.0000361

Risk/Reward= 1:2.02 | 1:3.54 | 1:4.7
Expected Profit= +64.14% | +112.41% | +148.97%
Possible Loss= -31.72%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1080h

Trade active

First entry filled

What a bounce for Komodo, made a +18.71% move up right after I called it.
Now pulled back a little but I guess it will keep going up after!

Note

There was a typo for SL, it's obviously the one showing in the chart:
Stop Loss= 0.0000099

Trade closed: target reached

TP1 reached with +64.14% (1x) and 2.02R

Komodo pumped to first target a week ago and is still looking strong.
I believe remaining targets will be hit so I updated them a bit higher with more gain-time.
You can stick to original Stop Loss, but in any case PC bot would close at 2nd entry if goes down there (0.0000135)!

Take Profit= 0.0000323 | 0.0000448

Risk/Reward= 1:3.87 | 1:6.59
Expected Profit= +122.76% | +208.97%

Fib. Retracement= 0.5 | 0.786
Estimated Gain-time= 1440h

Trade closed: target reached

TP2 reached with +122.76% (1x) and 3.87R

Komodo pushed higher, very nice profit, I'm glad I updated the targets!

Note

Consolidating above 100EMA

After some ranging, Komodo is preparing for another leg-up to me.

Trade closed: target reached

TP3 reached with +208.97% (1x) and +6.59R

That's a wrap for Komodo, huge gain rewarding our patience!

TradingOn

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