TradingOn

TOMO/BTC 1D (Binance Spot) Descending channel on support

Long
BINANCE:TOMOBTC   None
TomoChain seems to have ended its downtrend too with that bullish divergence on RSI.
Also it's on parallel channel support and inside big old demand zone, better to start building a decent bag!

Current Price= 0.00003817
Buy Entry= 0.00003759 - 0.00003219
Take Profit= 0.00004763 | 0.00005819 | 0.00007687
Stop Loss= 0.00002424

Risk/Reward= 1:1.2 | 1:2.19 | 1:3.94
Expected Profit= +36.51% | +66.78% | +120.32%
Possible Loss= -30.52%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1440h

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.