$SCRT/BTC 1D (Binance Spot) Big falling wedge breakout
Updated
Secret Network seems ready to moon after that clear bullish break-out, better not miss out on next dip!
Current Price= 0.00003344
Buy Entry= 0.00003345 - 0.00002951
Take Profit= 0.00004099 | 0.00005196 | 0.00006024
Stop Loss= 0.00002385
Risk/Reward= 1:1.25 | 1:2.68 | 1:3.77
Expected Profit= +30.21% | +65.06% | +91.36%
Possible Loss= -24.24%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price= 0.00003344
Buy Entry= 0.00003345 - 0.00002951
Take Profit= 0.00004099 | 0.00005196 | 0.00006024
Stop Loss= 0.00002385
Risk/Reward= 1:1.25 | 1:2.68 | 1:3.77
Expected Profit= +30.21% | +65.06% | +91.36%
Possible Loss= -24.24%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade closed: target reached
TP1 reached with +30.21% (1x) and +1.25RSecret Network perfectly retested the wedge and bounced on 50MA support!
Road to higher targets is very likely, SL moved to lowest entry (0.00002951â‚ż) in any case.
Trade closed: target reached
TP2 reached with +65.06% (1x) and +2.68RSecret Network kept going up following the forecast, almost hitting last target!
Next attempt should be it, SL updated to 1st entry (0.00003345â‚ż) to secure the trade.
Trade closed: target reached
TP3 reached with +91.36% (1x) and +3.77RSecret Network went mad and pumped like "no tomorrow" with up to +183.39% from average entry.
Trade is fully closed now, amazing profit for the most patient ones!
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.