TradingOn

$HBAR/BTC 2D (Binance Spot) Ascending trendline on support

Long
TradingOn Updated   
BINANCE:HBARBTC   Hedera Hashgraph / Bitcoin
Hedera Hashgraph seems to be holding strongly above 100EMA, let's swing on next dip!

Current Price= 0.00000510
Buy Entry= 0.00000505 - 0.00000469
Take Profit= 0.00000607 | 0.00000693 | 0.00000833
Stop Loss= 0.00000391

Risk/Reward= 1:1.25 | 1:2.15 | 1:3.6
Expected Profit= +24.64% | +42.30% | +71.05%
Possible Loss= -19.71%

Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active:
First entry filled

HederaHashgraph bounced nicely almost hitting first target then pulled back, could be a good time to buy more here.

Trade closed: target reached:
TP1 reached with +24.64% (1x) and +1.25R

HederaHashgraph breaking out as planned and regaining 50MA, looks promising for bullish continuation.

Trade closed: target reached:
TP2 reached with +42.30% (1x) and +2.15R

It took Hedera Hashgraph more than 2 ranging months to finally break-out for real, patience paying off!
Last target is surely in play, SL adjusted to 1st entry (0.00000505₿) anyway.

Trade closed: target reached:
TP3 reached with +71.05% (1x) and +3.6R

Hedera Hashgraph kept going up like crazy, up to +114.96% from average entry to the top, trade is fully closed now!


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.