TradingOn

$TRX/BTC 4h (Binance Spot) Descending broadening wedge breakout

Long
TradingOn Mis à jour   
BINANCE:TRXBTC   TRON / Bitcoin
Tron has broken out bullish locally and looks ready to continue upwards after that 100EMA retest!

Current Price= 0.00000191
Buy Entry= 0.00000190 - 0.00000184
Take Profit= 0.00000205 | 0.00000219 | 0.00000237
Stop Loss= 0.00000172

Risk/Reward= 1:1.2 | 1:2.13 | 1:3.33
Expected Profit= +9.63% | +17.11% | +26.74%
Possible Loss= -8.02%

Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Transaction en cours:
All entries filled

Tron dipped a bit more than planned, hitting 50MA and retesting the wedge.
Nice bullish rejection down there, let's see if it's able to bounce in the coming days!

Commentaire:
Consolidating above 100EMA

Tron is holding nicely and forming a bullish pennant, we still expect a move-up soon!

Trade fermée: ordre d’arrêt atteint:
SL hit with -8.02% (1x) and -1R

Tron tried hard to stay above 50MA but lost it then got rejected and fell more, maybe another time..


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