TradingOn

DASH/BTC 12H (Binance) Channel & triangle on support

Long
TradingOn Mis à jour   
BINANCE:DASHBTC   Dash / Bitcoin
TA: Digital Cash (renamed Dash only) is facing strong support of parallel channel and symmetrical triangle.

FA: Privacy coins have a bright future in cryptocurrency world like Zcash (ZEC) and Monero (XMR) as I already mentioned few month ago.
Also I would add Komodo (KMD), Pivx (PIVX), Zcoin (XZC), Verge (XVG) and Horizen (ZEN) to the list (in no specific order).

Current Price= 0.007910
Buy Entry= 0.007912 - 0.007452
Take Profit= 0.008540 | 0.009139 | 0.010108
Stop Loss= 0.006824

Risk/Reward= 1:1 | 1:1.7 | 1:2.83
Expected Profit= 11.17% | 18.97% | 31.58%
Possible Loss= -11.17%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
Transaction en cours:
After going up 8% and almost reaching first target, Dash is back to 2nd entry.
If you missed it out or just want to fill a bigger bag, now could be a good time!
I redrew the triangle support a bit lower:
Trade fermée: cible de profit atteinte:
TP1 hit at last after 2 months, took a while but worth it: +11.17% profit from average entry, 55.85% using 5x in Margin.
Tooks some profit here and holding the rest for higher targets of course.
Road to MA200 after that clear breakout!
I have to admit I got lucky on that SL, it was always hunted, that's when your realize a R/R=1:1 is worth it.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.