KMD/BTC 12H (Binance) Falling wedge brokeout & pulled back: Fib.
Updated
Komodo pullback looks like is done, now the way up is free to go :
Entry range= 0.0000675 - 0.0000715
Take Profit= 0.0000871 | 0.0000950 | 0.0001029
Stop Loss= 0.0000519
Risk/Reward ratio= 1:1 | 1:1.45 | 1:1.9
Fib. Retracement= 0.382 | 0.5 | 0.618
Expected Profit= 25.32% | 36.69% | 48.06%
Possible Loss= -25.32%
Entry range= 0.0000675 - 0.0000715
Take Profit= 0.0000871 | 0.0000950 | 0.0001029
Stop Loss= 0.0000519
Risk/Reward ratio= 1:1 | 1:1.45 | 1:1.9
Fib. Retracement= 0.382 | 0.5 | 0.618
Expected Profit= 25.32% | 36.69% | 48.06%
Possible Loss= -25.32%
Trade active
Price started growing up to +8.78%, then dumped and back to buy zone.Note
You can take some early profit on Fib. 0.236 (0.0000773), that would be +11.22%Trade closed: target reached
TP1 reached with +25.32% and the 2nd one almost, keep holding!Trade active
Almost got back to the zone yesterday (0.0000722), if I were you I would load some here at 0.0000742 and put more buy orders in Entry range..
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.