$KMD/BTC 1D (Binance Spot) Symmetrical triangle near breakout
Updated
Komodo is accumulating above 50MA and looks ready to break-out bullish!
Current Price= 0.00002463
Buy Entry= 0.00002520 - 0.00002010
Take Profit= 0.00003659 | 0.00005059 | 0.00006741
Stop Loss= 0.00001467
Risk/Reward= 1:1.75 | 1:3.5 | 1:5.61
Expected Profit= +61.55% | +123.36% | +197.62%
Possible Loss= -35.23%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price= 0.00002463
Buy Entry= 0.00002520 - 0.00002010
Take Profit= 0.00003659 | 0.00005059 | 0.00006741
Stop Loss= 0.00001467
Risk/Reward= 1:1.75 | 1:3.5 | 1:5.61
Expected Profit= +61.55% | +123.36% | +197.62%
Possible Loss= -35.23%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active
Back to 2nd entryKomodo went down for our SL but the PC bot did not sell, fortunately.
Seems like it finally looks ready for the recovery we are waiting for so long now!
Trade closed: stop reached
SL hit with -35.23% and -1.14RKomodo got rejected on 200MA resistance and faked on us again, that is quite sad.
Related publications
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.