$RSR/BTC 2D (Binance Spot) Big falling wedge near breakout
Updated
Reserve Rights looks ready for a very bullish move after regaining 50MA and it's being retested right now, fill your bag here.
Current Price= 0.00000085
Buy Entry= 0.00000085 - 0.00000077
Take Profit= 0.00000108 | 0.00000140 | 0.00000164
Stop Loss= 0.00000063
Risk/Reward= 1:1.5 | 1:3.28 | 1:4.61
Expected Profit= +33.33% | +72.84% | +102.47%
Possible Loss= -22.22%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Current Price= 0.00000085
Buy Entry= 0.00000085 - 0.00000077
Take Profit= 0.00000108 | 0.00000140 | 0.00000164
Stop Loss= 0.00000063
Risk/Reward= 1:1.5 | 1:3.28 | 1:4.61
Expected Profit= +33.33% | +72.84% | +102.47%
Possible Loss= -22.22%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Trade active
All entries filledReserve Rights is still inside the demand zone, crossed under 50MA but looking good for a bounce anyway!
Note
SL edited lower to 0.00000058₿Reserve Rights is having a hard time going up but still above TL support, let's give it more space!
Trade closed: stop reached
SL hit with -28.40% and -1.28RReserve Rights was not able to go back up and lost TL support making a lower low.
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