KMD/BTC 12h (Binance) Descending channel & triangle breakout

11 août 2020

TA: Komodo just broke-out that ascending triangle and got rejected on upper-line channel.
I'm expecting a pull-back to retest support then a new attempt to break higher, better wait for entry.

Current Price= 0.0000665
Buy Entry= 0.0000636 - 0.0000612
Take Profit= 0.0000680 | 0.0000771 | 0.0000839
Stop Loss= 0.0000568

Risk/Reward= 1:1 | 1:2.63 | 1:3.84
Expected Profit= +8.97% | +23.56% | +34.46%
Possible Loss= -8.97%

Fib. Retracement= 0.382 | 0.5 | 0.786 |
Margin Leverage= 1x
Estimated Gain-time= 480h

12 août 2020

Transaction en cours

All entries filled.

2 sept. 2020

Trade fermée: cible de profit atteinte

TP3 was reached with +34.46% and it's now back to entry.
This could be a great opportunity to enter again, using same set-up or even higher targets this time!