ANKR/BTC 12h (Binance Spot) Descending channel breakout & retest
Updated
#Ankr is about to give us a nice swing opportunity I believe, I'll wait for that last leg down to enter.
I prefer not to use leverage since it's already a really volatile token, but Binance allow you up to 5x in Isolated Margin (trading manually and very carefully).
Current Price= 0.00000047
Buy Entry= 0.00000046 - 0.00000040
Take Profit= 0.00000052 - 0.00000060 - 0.00000070
Stop Loss= 0.00000034
Risk/Reward= 1:1 | 1:1.88 | 1:3
Expected Profit= +20.93% | +39.53% | +62.79%
Possible Loss= -20.93%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 480h
I prefer not to use leverage since it's already a really volatile token, but Binance allow you up to 5x in Isolated Margin (trading manually and very carefully).
Current Price= 0.00000047
Buy Entry= 0.00000046 - 0.00000040
Take Profit= 0.00000052 - 0.00000060 - 0.00000070
Stop Loss= 0.00000034
Risk/Reward= 1:1 | 1:1.88 | 1:3
Expected Profit= +20.93% | +39.53% | +62.79%
Possible Loss= -20.93%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 480h
Note
Price went up to TP1 without filling our entryThat's too bad, but I won't cancel the signal since we could have another chance to enter later this week or the next one.
Trade closed: target reached
TP1 reached with +20.93% (1x) from 43 satsEntry was finally filled for #Ankr and bounced again as expected, road to higher targets now!
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