$FX/BTC 3D (Kucoin) Descending trendline breakout
Updated
Function X broke bullish on High TF and is likely to continue, let's catch next dip!
Current Price= 0.00000634
Buy Entry= 0.00000610 - 0.00000520
Take Profit= 0.00000998 | 0.00001746 | 0.00002489
Stop Loss= 0.00000348
Risk/Reward= 1:2 | 1:5.44 | 1:8.87
Expected Profit= +76.64% | +209.03% | +340.53%
Possible Loss= -38.41%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 6 months
Current Price= 0.00000634
Buy Entry= 0.00000610 - 0.00000520
Take Profit= 0.00000998 | 0.00001746 | 0.00002489
Stop Loss= 0.00000348
Risk/Reward= 1:2 | 1:5.44 | 1:8.87
Expected Profit= +76.64% | +209.03% | +340.53%
Possible Loss= -38.41%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 6 months
Trade closed: target reached
TP1 reached with +76.64% and +2RFunction X hit first target then pulled back, could be an opportunity to manually buy back here.
Trade closed: target reached
TP2 reached with +209.03% and +5.44RIt was indeed the perfect timing for buying more Function X, huge pump!
Note
Remember that High TF call?Function X went back down to demand zone and bounced like a champion again!
Seems to be forming a bullish flag and about to break-out again, road back to TP2 is likely and even the last target is still in play!
Note
More information about Function XAn ecosystem built entirely on and for the blockchain, f(x) consists of an operating system, public blockchain, FXTP, docker and IPFS.
It shares the motto with Pundi X, which is “allowing crypto for the masses”.
medium.com/functionx/function-x-roadmap-in-a-nutshell-9c54b0693f0b
t.me/functionx_io
Note
Today is Function X Mainnet launchMainnet will be launched within the next 21 hours. In order to join the new ecosystem and enjoy the new features, make sure you have downloaded the latest version of f(x)Wallet.
You can download it directly from their website: functionx.io/ (both iOS and Android versions are supported).
medium.com/functionx/function-x-june-hash-out-part-2-75e31446d82e
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