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$ANKR/BTC 4h (Binance Spot) Falling wedge breakout

Long
BINANCE:ANKRBTC   Ankr / Bitcoin
#Ankr is on historical support and breaking out that bullish wedge , I am filling a bag here.
It is hard to have a tight SL since we could be stop hunted easily, so I went for a wide one, same for targets!

Current Price= 0.00000025
Buy Entry= 0.00000026 - 0.00000022
Take Profit= 0.00000038 | 0.00000047 | 0.00000062
Stop Loss= 0.00000014

Risk/Reward= 1:1.4 | 1:2.3 | 1:3.8
Expected Profit= +58.33% | +95.83% | +158.33%
Possible Loss= -41.67%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 720h
Trade closed: target reached: TP1 reached with +58.33% and 1.4R

All entries were filled for
Ankr then finally pumped hard as expected.
I believe uptrend will continue, keep holding for higher targets!

Trade closed: target reached: TP2 reached with +95.83% (1x) and 2.3R

Amazing reward for Ankr, looks like I called the bottom again! 🤪

Trade closed: target reached: TP3 hit with +158.33% (1x) and 3.8R

That's a wrap for Ankr, all targets reached and huge profit taken!

Always manage the risk accordingly and don't lever too much!
You can follow me on my Telegram channels:
https://t.me/TradingOnHigh (High Time Frame swings >= 4h)
https://t.me/TradingOnLow (Low Time Frame scalps <= 4h)

Comments

It seems like you’ve been trading for a while, right? 👍🏼
Reply
TradingOn Investroyllc
@Investroyllc, yes indeed! :)
Reply
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