$KMD/USDT 1D (Binance Spot) Descending trendline break & retest Long

Komodo / TetherUSBinance

Description

⋅ Sep 14, 2021 10:21 AM

komodoplatform.com is up-trending for a few months now and is very likely to continue bullish!
Komodo features AtomicDEX, a non-custodial wallet and atomic swap DEX rolled into one application.

Risk/Reward= 1:1.75 | 1:3.67 | 1:7.38
Expected Profit= +35.83% | +75.02% | +151.01%
Possible Loss= -20.46%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months

Current Price:
1.1026

Entry Zone:
1.0960 - 0.9860

Take-Profit Targets:
1) 1.4140
2) 1.8220
3) 2.6130

Stop Targets:
1) 0.8280

Trade closed: stop reached

⋅ Oct 6, 2021 2:52 PM

SL hit with -20.46% (1x) and -1R

What a stop hunt for Komodo, seems like it was a bit too tight unfortunately.
If you are still holding, targets are surely valid, just need to regain 100EMA first!

Comment

⋅ Oct 18, 2021 3:12 PM

New private idea:

Comments

II_godfather_II

⋅ Sep 15, 2021 5:50 PM

It's a Good time to buy 📈