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$FRONT/BTC 4h (Binance Spot)Descending channel breakout & retest

Long
TradingOn Updated   
BINANCE:FRONTBTC   FRONT / Bitcoin
Frontier just regained 200MA support and seems to be ready for recovery!
#FRONT #PoS #DeFi #BSC #Solana #Avalanche frontier.xyz/

If you know how to trade in Binance Margin, you can use up to 2x leverage for that set-up.

Current Price= 0.00001920
Buy Entry= 0.00001877 - 0.00001787
Take Profit= 0.00002152 | 0.00002470 | 0.00002841
Stop Loss= 0.00001619

Risk/Reward= 1:1.5 | 1:3 | 1:4.74
Expected Profit= +17.47% | +34.83% | +55.08%
Possible Loss= -11.63%

Fib. Retracement= 0.5 | 0.883 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 1 month

Contracts:
#ERC20 0xf8C3527CC04340b208C854E985240c02F7B7793f
#BEP20 0x928e55dab735aa8260af3cedada18b5f70c72f1b
#SPL 9S4t2NEAiJVMvPdRYKVrfJpBafPBLtvbvyS3DecojQHw
Trade closed: target reached:
TP1 reached with +17.47% and +1.5R

Frontier properly retested 200MA and bounced back from it with up to +68.44% (2x)
Now it pulled back again, looks good for another leg up, SL adjusted to lowest entry (0.00001787₿) anyway.

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