Long
IOST/BTC 2D (Binance) Big descending channel breakout
FA: Allswap, a public chain Swap product portal developed by the IOST partner node Lichang, is expected to be launched in Q3 2020.
TA: Price has broke out twice already, seems like that will be it this time, prepare for rally!
Current Price= 0.00000061
Buy Entry= 0.00000062 - 0.00000058
Take Profit= 0.00000072 | 0.00000094 | 0.00000110
Stop Loss= 0.00000048
Risk/Reward= 1:1 | 1:2.83 | 1:4.17
Expected Profit= +20.00% | +56.67% | +83.33%
Possible Loss= -20.00%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 3000h
TA: Price has broke out twice already, seems like that will be it this time, prepare for rally!
Current Price= 0.00000061
Buy Entry= 0.00000062 - 0.00000058
Take Profit= 0.00000072 | 0.00000094 | 0.00000110
Stop Loss= 0.00000048
Risk/Reward= 1:1 | 1:2.83 | 1:4.17
Expected Profit= +20.00% | +56.67% | +83.33%
Possible Loss= -20.00%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 3000h
Trade closed: stop reached
Stopped on that wick with -20% after what turned to be a fake-out.That's too sad, I'll wait for a clear bullish sign before re-entering this one!
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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.