TradingOn

$SLP/ETH 3D (Binance) Descending parabolic curve on support

Lång
TradingOn Uppdaterad   
BINANCE:SLPETH   SLP / Ethereum
Smooth Love Potion is down-trending hard but is approaching strong demand zone and seems to be near reversal!

Risk/Reward= 1:2| 1:3.67 | 1:5.2
Expected Profit= +96.27% | +177.10% | +250.70%
Possible Loss= -48.25%

Fib. Retracement= 0.236 | 0.382 | 0.5
Estimated Gain-time= 5 months

Current Price:
0.00003443

Entry Zone:
0.00003031 - 0.00002279

Take-Profit Targets:
1) 0.00005211
2) 0.00007357
3) 0.00009311

Stop Targets:
1) 0.00001374
Handel aktiv:
First entry filled

Smooth Love Potion is following the curve as planned so far, we are loading some more here and we'll be patient enough!

Handel aktiv:
All entries were filled

SmoothLovePotion kept diving almost stopping us out but somehow managed to bounce back hard yesterday!
Obviously many took profit on supply zone, we'll hold position for now since a falling wedge has been formed.

Trade stängt: Stopp nått:
SL hit with -48.25% and -1R

SmoothLovePotion was not able to keep up and retraced down to wedge support, that's too bad.
Still expecting a huge recovery at some point so we'll keep an eye on it for a buy back opportunity!


Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.