Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone!
Current Price= 0.00002450
Buy Entry= 0.00002385 - 0.00002323
Take Profit= 0.00002659 | 0.00002898 | 0.00003316
Stop Loss= 0.00002150
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.72
Expected Profit= +12.96% | +23.11% | +40.87%
Possible Loss= -8.67%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Miota is retesting 50MA and the broken wedge , let's see if it can bounce here!
Miota finally bounced and hit our first target, patience paying!
Miota kept going up as well and almost hit last target, still in play!
Miota nicely went for last target after some ranging, good thing we were patient enough!
Looks probable to continue bullish so I may re-enter on a channel breakout.