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$KSM/BTC 1h (Binance Spot) Rectangle breakout and retest
KSM / Bitcoin
Long
$KSM/BTC 1h (Binance Spot) Rectangle breakout and retest
By TradingOn
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Updated
Feb 24, 2021
8
Feb 24, 2021
Kusama broke bullish and is accumulating above the box, trend continuation is likely.
Current Price= 0.004909
Buy Entry= 0.004906 - 0.004826
Take Profit= 0.005270 | 0.005736 | 0.006289
Stop Loss= 0.004542
Risk/Reward= 1:1.25 | 1:2.69 | 1:4.39
Expected Profit= +8.30% | +17.88% | +29.24%
Possible Loss= -6.66%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 5 days
Feb 24, 2021
Trade active
2/3 entries filled
Kusama is also forming a bullish pennant, watch for break-out!
binance
bullishbreakout
KSM
KSMBTC
kusama
Moving Averages
Rectangle
spot
Support and Resistance
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