$KMD/BTC 1D (Binance Spot) Falling wedge near support
Updated
Komodo broke-down and is heading towards next demand zone, let's place bids there.
Current Price= 0.00002777
Buy Entry= 0.00002520 - 0.00002010
Take Profit= 0.00003659 | 0.00005059 | 0.00006741
Stop Loss= 0.00001568
Risk/Reward= 1:2 | 1:4.01 | 1:6.42
Expected Profit= +61.55% | +123.36% | +197.62%
Possible Loss= -30.77%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price= 0.00002777
Buy Entry= 0.00002520 - 0.00002010
Take Profit= 0.00003659 | 0.00005059 | 0.00006741
Stop Loss= 0.00001568
Risk/Reward= 1:2 | 1:4.01 | 1:6.42
Expected Profit= +61.55% | +123.36% | +197.62%
Possible Loss= -30.77%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active
First entry filledKomodo kept going down, road to second entry now then hopefully a bounce 🤞🏼
Trade active
Second entry filledKomodo following the forecast, so far wedge bottom was nicely predicted!
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