TradingOn

TOMO/BTC 1D (Binance Spot) Falling wedge breakout & W pattern

Long
TradingOn Updated   
BINANCE:TOMOBTC   None
TomoChain is looking bullish after that clear break-out, let's try to catch a dip to follow the trend.
Also on the RSI we can see the Trend Line broken and the W pattern, that's quite promising!

Current Price= 0.00008356
Buy Entry= 0.00007845 - 0.00007271
Take Profit= 0.00008971 | 0.00009974| 0.00011499
Stop Loss= 0.00006475

Risk/Reward= 1:1.31 | 1:2.23 | 1:3.64
Expected Profit= +18.71% | +31.98% | +52.16%
Possible Loss= -14.32%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h
Trade active:
Just pulled back to give us entry 🤞🏼
Comment:
All entries filled and back in buy range.
Dumped more than I expected but bullish scenario is still in play!
Comment:
Pumped at last 📈
Got rejected at 8400 sats so far but I believe it will keep growing, hold tight!
Trade closed: target reached:
TP2 reached with +31.65% form average entry
I adjusted a little bit the second target to 0.00009949 because it was missed by 10 sats, so the bot sold!
Last target is still valid but a retracement even small would be logical first, my advice: don't FOMO in.

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