Long

$ATM/BTC 4h (Binance Spot) Ascending channel on support

By TradingOn
Updated
Atlético de Madrid Fan Token is up-trending and could totally bounce hard on that support!

Current Price= 0.0002030
Buy Entry= 0.0002031 - 0.0001943
Take Profit= 0.0002382 | 0.0002758 | 0.0003183
Stop Loss= 0.0001768

Risk/Reward= 1:1.8 | 1:3.52 | 1:5.46
Expected Profit= +19.88% | +38.80% | +60.19%
Possible Loss= -11.02%

Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active
All entries filled

Atlético de Madrid lost 50MA but is likely to bounce on 100EMA, let's move the SL down to 0.0001694.

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Comment
SL updated to 0.0001591

AtléticoDeMadrid lost 100EMA, last chance to bounce on 200MA and channel support...

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Trade closed: target reached
TP1 reached with +19.88% (1x) and +1R

AtléticoDeMadrid finally reached first target but instantly pulled back and PC bot closed at BE.
Seems like it really lacks of liquidity, maybe we are better out then, but higher targets are still valid!

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atleticoatmTrend Analysis
TradingOn

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