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Sep 3, 2021 6:45 PM

$KMD/BTC 1D (Binance Spot) Symmetrical triangle near breakout Long

Komodo / BitcoinBinance

Description

Komodo is accumulating above 50MA and looks ready to break-out bullish!

Current Price= 0.00002463
Buy Entry= 0.00002520 - 0.00002010
Take Profit= 0.00003659 | 0.00005059 | 0.00006741
Stop Loss= 0.00001467

Risk/Reward= 1:1.75 | 1:3.5 | 1:5.61
Expected Profit= +61.55% | +123.36% | +197.62%
Possible Loss= -35.23%

Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months

Trade active

Back to 2nd entry

Komodo went down for our SL but the PC bot did not sell, fortunately.
Seems like it finally looks ready for the recovery we are waiting for so long now!

Trade closed: stop reached

SL hit with -35.23% and -1.14R

Komodo got rejected on 200MA resistance and faked on us again, that is quite sad.

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