$OG/BTC 1D (Binance Spot) Descending trendline break and retest
Updated
OG Fan Token seems to be done with the downtrend and have much space to grow from here.
Current Price= 0.0001438
Buy Entry= 0.0001446 - 0.0001326
Take Profit= 0.0001695 | 0.0001961 | 0.0002478
Stop Loss= 0.0001148
Risk/Reward= 1:1.3 | 1:2.42 | 1:4.59
Expected Profit= +22.29% | +41.49% | +78.79%
Possible Loss= -17.17%
Fib. Retracement= 0.382 | 0.5 | 0.702
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price= 0.0001438
Buy Entry= 0.0001446 - 0.0001326
Take Profit= 0.0001695 | 0.0001961 | 0.0002478
Stop Loss= 0.0001148
Risk/Reward= 1:1.3 | 1:2.42 | 1:4.59
Expected Profit= +22.29% | +41.49% | +78.79%
Possible Loss= -17.17%
Fib. Retracement= 0.382 | 0.5 | 0.702
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade closed: target reached
TP1 reached with +22.29% (1x) and +1.3ROG bounced from first entry to target twice already, we still expect a bigger move to take place!
SL updated to lowest entry (0.0001326₿) slightly below 100EMA, should be safe enough.
Trade closed: target reached
TP2 reached with +41.49% (1x) and +2.42ROG pushed higher as expected, one target to go, SL moved to 1st entry (0.0001446₿).
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