$ALICE/BTC 4h (Binance Spot) Falling wedge breakout
My Neighbor Alice broke-out bullish again and seems to be ready to push higher short-term.
If you want to give Margin trading a try, 2x would be the max recommended leverage here!
Current Price= 0.00034405
Buy Entry= 0.00034133 - 0.00032171
Take Profit= 0.00037489 | 0.00041726 | 0.00045456
Stop Loss= 0.00029669
Risk/Reward= 1:1.25 | 1:2.46 | 1:3.53
Expected Profit= +13.08% | +25.86% | +37.11%
Possible Loss= -10.51%
Fib. Retracement= 0.618 | 0.893 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 10 days
If you want to give Margin trading a try, 2x would be the max recommended leverage here!
Current Price= 0.00034405
Buy Entry= 0.00034133 - 0.00032171
Take Profit= 0.00037489 | 0.00041726 | 0.00045456
Stop Loss= 0.00029669
Risk/Reward= 1:1.25 | 1:2.46 | 1:3.53
Expected Profit= +13.08% | +25.86% | +37.11%
Possible Loss= -10.51%
Fib. Retracement= 0.618 | 0.893 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active:
All entries filled
MyNeighborAlice dipped more than planned and went for full retest of the wedge, could touch 100EMA (orange) before bouncing.
We updated SL a bit lower (0.00028815$) to give it some more space, keeping RR= 1:1 for TP1.
MyNeighborAlice dipped more than planned and went for full retest of the wedge, could touch 100EMA (orange) before bouncing.
We updated SL a bit lower (0.00028815$) to give it some more space, keeping RR= 1:1 for TP1.
Trade closed: stop reached:
SL was hit with -13.08% (1x) and -1.25R
MyNeighborAlice kept going down losing 100EMA but respecting the wedge support.
We guess timing was not right but as long as 200MA is holding a bounce is still likely, we'll keep an eye on it!
MyNeighborAlice kept going down losing 100EMA but respecting the wedge support.
We guess timing was not right but as long as 200MA is holding a bounce is still likely, we'll keep an eye on it!
MyNeighborAlice retested 200MA support and reacted as mentioned in our last message, we hope some of you bought back manually!