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XTZ/BTC 8H (Binance) Falling wedge about to end
Tezos / Bitcoin
Long
XTZ/BTC 8H (Binance) Falling wedge about to end
By TradingOn
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Updated
Jan 16, 2020
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Jan 15, 2020
Tezos is facing strong support on 1500ish, I'm expecting it to breakout of the wedge soon:
Entry range= 0.0001510 - 0.0001556
Take Profit= 0.0001679 | 0.0001739 | 0.0001806
Stop Loss= 0.0001387
Risk/Reward ratio= 1:1 | 1:1.41 | 1:1.87
Expected Profit= 9.5% | 13.4% | 17.1%
Possible Loss= -9.5%
Jan 16, 2020
Trade active
If breaks out strong, it can go way higher:
Fib. 0.382 (0.0001895)
Fib. 0.5 (0.0002024)
Fib. 0.618 (0.0002153)
Jan 16, 2020
Comment
2nd target reach with max profit +15% 🎯
I sold more than half and keep holding the rest with SL in gain.
Jan 22, 2020
Trade closed: target reached
Every TP was reached and Fib. 0.382 (0.0001895) almost hit, max profit +23.55%.
Feb 3, 2020
Comment
Fib. 0.5 (0.0002024) was finally hit with +32%.
Feb 4, 2020
Trade closed: target reached
Last Fib. 0.618 (0.0002153) reached with +40.44%, you can close all remaining position!
binance
Supply and Demand
Support and Resistance
tezos
tezosbtc
Wedge
XTZBTC
TradingOn
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