IOST/BTC 2D (Binance) Big descending channel breakout
Updated
FA: Allswap, a public chain Swap product portal developed by the IOST partner node Lichang, is expected to be launched in Q3 2020.
TA: Price has broke out twice already, seems like that will be it this time, prepare for rally!
Current Price= 0.00000061
Buy Entry= 0.00000062 - 0.00000058
Take Profit= 0.00000072 | 0.00000094 | 0.00000110
Stop Loss= 0.00000048
Risk/Reward= 1:1 | 1:2.83 | 1:4.17
Expected Profit= +20.00% | +56.67% | +83.33%
Possible Loss= -20.00%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 3000h
TA: Price has broke out twice already, seems like that will be it this time, prepare for rally!
Current Price= 0.00000061
Buy Entry= 0.00000062 - 0.00000058
Take Profit= 0.00000072 | 0.00000094 | 0.00000110
Stop Loss= 0.00000048
Risk/Reward= 1:1 | 1:2.83 | 1:4.17
Expected Profit= +20.00% | +56.67% | +83.33%
Possible Loss= -20.00%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 3000h
Trade closed: stop reached
Stopped on that wick with -20% after what turned to be a fake-out.That's too sad, I'll wait for a clear bullish sign before re-entering this one!
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