$NANO/BTC 1D (Binance Spot) Ascending channel trending
Updated
Nano is uptrending and I expect it to out-perform Bitcoin during the months to come!
Current Price= 0.0001080
Buy Entry= 0.0001045 - 0.0000977
Take Profit= 0.0001344 | 0.0001674 | 0.0002085
Stop Loss= 0.0000821
Risk/Reward= 1:1.75 | 1:3.49 | 1:5.65
Expected Profit= +32.94% | +65.58% | +106.23%
Possible Loss= -18.79%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 0.0001080
Buy Entry= 0.0001045 - 0.0000977
Take Profit= 0.0001344 | 0.0001674 | 0.0002085
Stop Loss= 0.0000821
Risk/Reward= 1:1.75 | 1:3.49 | 1:5.65
Expected Profit= +32.94% | +65.58% | +106.23%
Possible Loss= -18.79%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active
First entry filledNano dipped to the buy zone and bounced as planned, nice catch so far!
Trade active
Second entry filledNano was not able to really bounce on channel and is heading lower.
Now sitting on descending TL support but I fear that it won't be strong enough...
If we'll be stopped then we'll try to catch it back on 200MA around 0.0000771₿
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