$SLP/ETH 1D (Binance Spot) Descending channel on midline support
Updated
Small Love Potion seems to be forming a bullish flag, I expect a big break-out in the coming weeks.
Current Price= 0.00002631
Buy Entry= 0.00002635 - 0.00002415
Take Profit= 0.00003595 | 0.00005106 | 0.00007152
Stop Loss= 0.00001990
Risk/Reward= 1:2 | 1:4.82 | 1:8.65
Expected Profit= +42.38% | +102.22% | +183.25%
Possible Loss= -21.19%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 0.00002631
Buy Entry= 0.00002635 - 0.00002415
Take Profit= 0.00003595 | 0.00005106 | 0.00007152
Stop Loss= 0.00001990
Risk/Reward= 1:2 | 1:4.82 | 1:8.65
Expected Profit= +42.38% | +102.22% | +183.25%
Possible Loss= -21.19%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade closed: stop reached
SL hunted with -21.19% and -1RSmallLovePotion continued down longer than expected then finally broke bullish.
If you are still in you could TP some here to reduce exposure, but targets are still valid.
I'll look for a new call later if I see fit to do so!
Trade closed: target reached
TP3 would have been reached with +183.25% (1x)Small Love Potion mooned, up to +411% from entry if you were not stopped.
I am selling most of my remaining position here, insane move, I hope you did hold some!
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