HIVE/BTC 8H (Binance) Descending channel about to break mid-line
FA: Hive is an hard-fork of Steem that occurred few months ago, it's a DeFi powering DApp ecosystem and also a Staking coin.
TA: 20EMA is holding price, I'm expecting mid-line channel to break-out and go for the upper-line, or maybe even break it too.
Current Price= 0.00002675
Buy Entry= 0.00002675 - 0.00002525
Take Profit= 0.00003080 |0.00003444 | 0.00004062
Stop Loss= 0.00002120
Risk/Reward= 1:1 | 1:1.76 | 1:3.05
Expected Profit= 18.46% | 32.46% | 56.23%
Possible Loss= -18.46%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
TA: 20EMA is holding price, I'm expecting mid-line channel to break-out and go for the upper-line, or maybe even break it too.
Current Price= 0.00002675
Buy Entry= 0.00002675 - 0.00002525
Take Profit= 0.00003080 |0.00003444 | 0.00004062
Stop Loss= 0.00002120
Risk/Reward= 1:1 | 1:1.76 | 1:3.05
Expected Profit= 18.46% | 32.46% | 56.23%
Possible Loss= -18.46%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade closed: target reached:
TP1 with +18.46% profit!
That took a while longer than expected but first target was finally hit on that wick, seems like the PCbot wasn't fast enough but those who let limit orders were the lucky ones 😜
It could totally going back up anyway, so if you are still in better hold tight.
That took a while longer than expected but first target was finally hit on that wick, seems like the PCbot wasn't fast enough but those who let limit orders were the lucky ones 😜
It could totally going back up anyway, so if you are still in better hold tight.