TradingOn

$PSG/BTC 4h (Binance Spot) Falling curved wedge breakout

Long
TradingOn Updated   
BINANCE:PSGBTC   None
Paris Saint-Germain has retraced down from last huge impulse and is getting ready for the next one.

Current Price= 0.0007772
Buy Entry= 0.0007778 - 0.0007254
Take Profit= 0.0008868 | 0.0009681 | 0.0010983
Stop Loss= 0.0006431

Risk/Reward= 1:1.25 | 1:2 | 1:3.2
Expected Profit= +17.99% | +28.81% | +46.13%
Possible Loss= -14.44%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active:
Both entries filled

Paris Saint-Germain has just shown some bullish reaction, let's see if it is able to pump again.

Comment:
Looking promising for a leg-up

After going up +10.66%, ParisSaintGermain dipped again losing all support.
Then it bounced back slightly before SL and regained both 50MA & 200MA, send it!

Trade closed: stop reached:
SL hit with -14.44% (1x) and -1R

Paris Saint-Germain faked-out on us again, we'll try to catch it back another time!


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