$LINK/BTC 3D (#BinanceSpot) Falling wedge breakout and retest
ChainLink has pulled back to 50MA support where we expect it to bounce and resume bullish mid/long-term.
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss= -17.20%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 7.5 months
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss= -17.20%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 7.5 months
Trade active:
All entries filled
ChainLink dipped as planned so far, let's hope bulls will seize that opportunity and step in!
ChainLink dipped as planned so far, let's hope bulls will seize that opportunity and step in!
ChainLink lost 50MA support and dove further, luckily it bounced back right on time so far 🤞🏼