$ETC/BTC 1D (Binance Margin) Symmetrical triangle breakdown
Ethereum Classic has broken the ascending trendline and is being rejected on 50MA.
Current Price= 0.0013729
Sell Entry = 0.0013941 - 0.0015411
Take Profit= 0.0010910 | 0.0008932 | 0.0006682
Stop Loss= 0.0017955
Risk/Reward= 1:1.15 | 1:1.75 | 1:2.43
Expected Profit= +25.64% | +39.12% | +54.45%
Possible Loss= -22.38%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 months
Website: ethereumclassic.org/
Current Price= 0.0013729
Sell Entry = 0.0013941 - 0.0015411
Take Profit= 0.0010910 | 0.0008932 | 0.0006682
Stop Loss= 0.0017955
Risk/Reward= 1:1.15 | 1:1.75 | 1:2.43
Expected Profit= +25.64% | +39.12% | +54.45%
Possible Loss= -22.38%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 months
Website: ethereumclassic.org/
Trade active:
2/3 entries filled
Ethereum Classic got rejected on 50MA as planned and is now heading down, bringing up to +19.13% (1x) already!
Ethereum Classic got rejected on 50MA as planned and is now heading down, bringing up to +19.13% (1x) already!
Trade closed: target reached:
TP2 reached with +39.6% and +1.75R
Ethereum Classic continue the downtrend almost hitting last target.
50MA kept acting as resistance and seems about to be regained now!
Ethereum Classic continue the downtrend almost hitting last target.
50MA kept acting as resistance and seems about to be regained now!
