TradingOn

$DGB/BTC (Binance Spot) Falling wedge breakout

Long
TradingOn Updated   
BINANCE:DGBBTC   DGB / Bitcoin
Digibyte broke out of that falling wedge with not much reaction yet, but I believe it will reverse very soon.

Current Price= 0.00000074
Buy Entry= 0.00000075 - 0.00000071
Take Profit= 0.00000083 | 0.00000094 | 0.00000106
Stop Loss= 0.00000063

Risk/Reward= 1:1 | 1:2.1 | 1:3.3
Expected Profit= +13.70% | +28.77% | +45.21%
Possible Loss= -13.70%

Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade active:
First entry filled and bounced

Looks like it was a good timing to catch Digibyte again, heading towards first target already!

Trade closed: target reached:
TP1 reached with +13.70% (1x) and 1R

Slowly but surely, Digibyte is reversing the downtrend, still looking quite promising!


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