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Jun 3, 2020 2:51 PM

FX/BTC 3D (KuCoin) Falling wedge break-out & testnet launch Long

Function X / BitcoinKuCoin

Description

TA: Function X is moving again, still in accumulation channel but after breaking out that wedge I believe not for much longer.

FA: Public testnet launch is planned for this month (FX Connect app) so better fill your bag before Q3 2020.

Current Price= 0.00000683
Buy Entry= 0.00000700 - 0.00000600
Take Profit= 0.00001156 | 0.00001551 | 0.00001833
Stop Loss= 0.00000397

Risk/Reward= 1:2 | 1:3.56 | 1:4.68
Expected Profit= 77.85% | 138.62% | 182.00%
Possible Loss= -38.92%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 1920h

Trade closed: target reached

TP1 hit with +77.85%, that's a pretty nice gain! Still expecting higher targets to be reached.

Comment

Bounced back to entry, I made a new private call:
Comments
CryptoGoGo
Bags filled!!! Thanks!!
graycosmos00
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CryptoGoGo
Hi Zblaba, seems Fx couldn't break the resistence... what do u think?
TradingOn
@CryptoGoGo, Hi mate, yes so far price is resisting but I'm still expecting a break-out!
CryptoGoGo
@Zblaba, seems it go down do you see any support?
TradingOn
@CryptoGoGo, indeed it went down to buy zone, support is mid-line channel and I'm filling a bigger bag right now. A node will need 100K FX so better prepare early. In daily we can see that 200MA will act as resistance now, but not for long I believe.
CryptoGoGo
@Zblaba, so, any update? thanks in advance!
TradingOn
@CryptoGoGo, no changes, still waiting for next big move.
TradingOn
@CryptoGoGo, looks like it's finally coming man! Check update.
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