KMD/BTC 2D (Binance) Descending channel breakout & retest
Updated
Komodo is looking very bullish for mid-term, channel acting as support now.
Current Price= 0.00000583
Buy Entry= 0.00000591 - 0.00000543
Take Profit= 0.00000748 | 0.00000942 | 0.00001092
Stop Loss= 0.00000422
Risk/Reward= 1.1.25 | 1:2.59 | 1:3.62
Expected Profit= 31.32% | 66.14% | 92.59%
Possible Loss= -25.57%
Fib. Retracement= 0.382 | 0.618 | 0.781
Margin Leverage= 1x
Estimated Gain-time= 2160h
Current Price= 0.00000583
Buy Entry= 0.00000591 - 0.00000543
Take Profit= 0.00000748 | 0.00000942 | 0.00001092
Stop Loss= 0.00000422
Risk/Reward= 1.1.25 | 1:2.59 | 1:3.62
Expected Profit= 31.32% | 66.14% | 92.59%
Possible Loss= -25.57%
Fib. Retracement= 0.382 | 0.618 | 0.781
Margin Leverage= 1x
Estimated Gain-time= 2160h
Trade active
Komodo is looking ready for a pump anytime now, I adjusted targets lower to secure profit in case of a shy leg up.RR= 1:1 for TP1 now, that would still be worth it, keep holding!
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