$HBAR/BTC 1D (Binance Spot) Falling wedge near breakout
Updated
Hedera Hashgraph is accumulating above 200MA support and that last wick up could be a hint about 50MA being regained soon!
More information about that #PoS coin used as governance on hedera.com/
Current Price= 0.00000654
Buy Entry= 0.00000648 - 0.00000608
Take Profit= 0.00000749 | 0.00000898 | 0.00001097
Stop Loss= 0.00000537
Risk/Reward= 1:1.33 | 1:2.97 | 1:5.15
Expected Profit= +19.27% | +42.99% | +74.68%
Possible Loss= -14.49%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 3 months
More information about that #PoS coin used as governance on hedera.com/
Current Price= 0.00000654
Buy Entry= 0.00000648 - 0.00000608
Take Profit= 0.00000749 | 0.00000898 | 0.00001097
Stop Loss= 0.00000537
Risk/Reward= 1:1.33 | 1:2.97 | 1:5.15
Expected Profit= +19.27% | +42.99% | +74.68%
Possible Loss= -14.49%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active
First entry filledAfter breaking out without us and hitting 1st target, Hedera Hashgraph pulled back and now we are in!
Trade active
Second entry filledHedera Hashgraph went for further retest of the wedge, still looking quite promising!
Trade closed: stop reached
SL hit with -14.49% and -1RHederaHashgraph did not manage to regain 200MA and dumped retesting the wedge.
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