TradingOn

$COTI/BTC 2h (BinanceSpot) Falling wedge break

Long
TradingOn Updated   
BINANCE:COTIBTC   COTI / Bitcoin
Currency Of The Internet has reversed and is likely to revisit 50MA before fully recovering.

Current Price= 0.00000693
Buy Entry= 0.00000672 - 0.00000648
Take Profit= 0.00000741 | 0.00000795 | 0.00000849
Stop Loss= 0.00000606

Risk/Reward= 1:1.5 | 1:2.5 | 1:3.5
Expected Profit= +12.27% | +20.45% | +28.64%
Possible Loss= -8.18%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 2 weeks
Trade active:
2/3 entries filled

CurrencyOfTheInternet got rejected on 200MA and is pulling back to 50MA as planned so far.

Trade closed: target reached:
TP3 was reached +28.64% and +3.5R

CurrencyOfTheInternet took some time to react but then almost instantly achieved all targets at once!


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