TradingOn

$LINK/BTC 2D (Binance Spot) Big falling wedge breakout

Long
TradingOn Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
ChainLink finally broke bullish in satoshi, a last pull-back then it should be ready.

Current Price= 0.00059686
Buy Entry= 0.00059697 - 0.00054309
Take Profit= 0.00079390 | 0.00122947 | 0.00169079
Stop Loss= 0.00043820

Risk/Reward= 1:1.7 | 1:5 | 1:8.5
Expected Profit= +39.27% | +115.69% | +196.61%
Possible Loss= -23.13%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 4 months
Trade active:
Both entries filled

ChainLink retested the broken wedge and 50MA, seems to be holding support!

Trade closed: target reached:
TP1 reached with +39.27% (1x) and +1.7R

Way to go ChainLink, perfectly bounced after a last retest, High Time Frame ruling it!


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