Band Protocol is retesting that broken parallel channel, seems like a good pull-back opportunity.
I expect 50MA to be supporting the price if wicks down and then holding the up-trend!
Current Price= 0.00035815
Buy Entry= 0.00036040 - 0.00033440
Take Profit= 0.00040840 | 0.00045521 | 0.00050202
Stop Loss= 0.00028640
Risk/Reward= 1:1 | 1:1.77 | 1:2.53
Expected Profit= +17.56% | +31.03% | +44.51%
Possible Loss= -17.56%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 480h
I expect 50MA to be supporting the price if wicks down and then holding the up-trend!
Current Price= 0.00035815
Buy Entry= 0.00036040 - 0.00033440
Take Profit= 0.00040840 | 0.00045521 | 0.00050202
Stop Loss= 0.00028640
Risk/Reward= 1:1 | 1:1.77 | 1:2.53
Expected Profit= +17.56% | +31.03% | +44.51%
Possible Loss= -17.56%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 480h
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.