$OG/BTC (#BinanceSpot) Descending trendline breakout & retest
Updated
OG Fan Token regained 50MA support and is pulling back to it, good spot to place bids.
ogs.gg/ socios.com/og/
Current Price= 0.0001001
Buy Entry= 0.0001001 - 0.0000931
Take Profit= 0.0001222 | 0.0001489 | 0.0001920
Stop Loss= 0.0000789
Risk/Reward= 1:1.45| 1:2.95 | 1:5.39
Expected Profit= +26.50% | +54.14% | +98.76%
Possible Loss= -18.32%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Contract:
#ChilizChain 0x7bcb8bB59298ba3Aed51a6a0348187Ba4ffD1c69
ogs.gg/ socios.com/og/
Current Price= 0.0001001
Buy Entry= 0.0001001 - 0.0000931
Take Profit= 0.0001222 | 0.0001489 | 0.0001920
Stop Loss= 0.0000789
Risk/Reward= 1:1.45| 1:2.95 | 1:5.39
Expected Profit= +26.50% | +54.14% | +98.76%
Possible Loss= -18.32%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Contract:
#ChilizChain 0x7bcb8bB59298ba3Aed51a6a0348187Ba4ffD1c69
Trade active
2/3 entries filledOG is retesting 50MA support almost filling our last entry, next move is near, hopefully upwards!
Trade active
Last entry was filled, SL updated down to 0.0000752OG lost 50MA support after all and pulled back down to the descending Trend-Line (TL).
Not the best looking chart right now but retesting 200MA resistance remains valid, let's give it some air!
Trade closed: stop reached
SL hit with -22.15% and -1ROG tried several times but was not able to regain 50MA and ended up breaking down.
Comment
TP2 would have been reached with +54.14%OG suddenly bounced back and went straight to 2nd target after all, too sad we've been stop hunted.
Congrats if you were still holding, we hope you took some profit up there! Don't forget to move SL to BE now.
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