$ETC/BTC 1D (Binance Margin) Symmetrical triangle breakdown
Updated
Ethereum Classic has broken the ascending trendline and is being rejected on 50MA.
Current Price= 0.0013729
Sell Entry = 0.0013941 - 0.0015411
Take Profit= 0.0010910 | 0.0008932 | 0.0006682
Stop Loss= 0.0017955
Risk/Reward= 1:1.15 | 1:1.75 | 1:2.43
Expected Profit= +25.64% | +39.12% | +54.45%
Possible Loss= -22.38%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 months
Website: ethereumclassic.org/
Current Price= 0.0013729
Sell Entry = 0.0013941 - 0.0015411
Take Profit= 0.0010910 | 0.0008932 | 0.0006682
Stop Loss= 0.0017955
Risk/Reward= 1:1.15 | 1:1.75 | 1:2.43
Expected Profit= +25.64% | +39.12% | +54.45%
Possible Loss= -22.38%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 months
Website: ethereumclassic.org/
Trade active
2/3 entries filledEthereum Classic got rejected on 50MA as planned and is now heading down, bringing up to +19.13% (1x) already!
Trade closed: target reached
TP2 reached with +39.6% and +1.75REthereum Classic continue the downtrend almost hitting last target.
50MA kept acting as resistance and seems about to be regained now!
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