$LINK/BTC 3D (#BinanceSpot) Falling wedge breakout and retest Long
ChainLink / BitcoinBinance
Description
⋅ ChainLink has pulled back to 50MA support where we expect it to bounce and resume bullish mid/long-term.
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss= -17.20%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 7.5 months Trade active
⋅ All entries filled
ChainLink dipped as planned so far, let's hope bulls will seize that opportunity and step in!
Comment
⋅ SL avoided by 0.0000005
ChainLink lost 50MA support and dove further, luckily it bounced back right on time so far 🤞🏼