Secret Network / Bitcoin
Long
Updated

$SCRT/BTC 1D (Binance Spot) Descending channel breakout

475
Secret Network (formerly known as Enigma) broke bullish and is supported by 100EMA, looks ready for a leg up here!

Current Price= 0.00004975
Buy Entry= 0.00004990 - 0.00004730
Take Profit= 0.00006440 | 0.00006440 | 0.00009998
Stop Loss= 0.00004069

Risk/Reward= 1:2 | 1:3.6 | 1:6.5
Expected Profit= +32.51% | +58.64% | +105.72%
Possible Loss= -16.28%

Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 month
Note
TP2= 0.00007710 like in the chart*
Trade active
All entries filled

Secret bounced nicely from buy zone but missed target by 0.00000180₿.
Then it pulled back, giving a new opportunity for those who missed the first train!

snapshot
Trade closed: target reached
TP1 reached with +32.51% (1x) and +2R

Secret nicely hit first target this time, I hope you did not miss out!

snapshot

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.