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May 7, 2020 7:31 PM

KMD/BTC 1D (Binance) On strong support & inside falling wedge Long

Komodo / BitcoinBinance

Description

Komodo is having a hard time in satoshis like many ALTs right now, but it's facing strong support here.
I'm expecting a breakout sooner or later, patience is the key don't forget about that!

Buy Entry= 0.0000534 - 0.0000488
Take Profit= 0.0000626 | 0.00000681 | 0.00000781
Stop Loss= 0.0000396

Risk/Reward= 1:1 | 1:1.48 | 1:2.35
Expected Profit= 22.50% | 33.27% | 52.84%
Possible Loss= -22.50%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x

Trade closed: target reached

TP2 more than reached with +33.27% in less than a day, last target was missed by 11 sats but PCbot managed to sell at 720 sats so very nice profit: max +35.08%! Isn't that beautiful?

Trade closed: target reached

And that's a wrap, TP3 hit with +46.25% from 534 sats, enjoy!
Comments
strunkw67
good call!
TradingOn
@strunkw67, thanks man!
kotak1519
Sir, I bought at 690 sats and my liquidation is at 570 (levereage 4x), should i hold or sell?
TradingOn
@kotak1519, why would you buy on target? If you missed an opportunity don't force it, there are always new ones!
If I were you, I'd try to close on break-even at least half of your position.
kotak1519
@Zblaba, what to do now? will it bounce to atleast 660?
TradingOn
@kotak1519, it may pump again yes, we'll see soon enough.
TradingOn
@kotak1519, I hope you held!
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