TradingOn

$NWC/USDT 1D (KuCoin) Parallel channel on midline support

Long
TradingOn Updated   
KUCOIN:NWCUSDT   Newscrypto / Tether
NewsCrypto is up-trending on macro view and bullish are stepping in on that 100EMA retest, let's catch next dip!

Risk/Reward= 1:2| 1:4.3 | 1:8.1
Expected Profit= +46.39% | +99.87% | +188.23%
Possible Loss= -23.25%

Fib. Retracement= 0.702 | 0.893 | 1.117
Estimated Gain-time= 3 months

Current Price:
1.0990

Entry Zone:
1.0032 - 0.8928

Take-Profit Targets:
1) 1.3876
2) 1.8946
3) 2.7321

Stop Targets:
1) 0.7275
Trade active:
All entries filled

NewsCrypto broke down the ascending TL and has been accumulating since then.
So far SL is holding and 100EMA is regained, the thing is starting to look bullish again!

Trade closed: stop reached:
SL hit with -23.25% and -1R

NewsCrypto lost support again and this time stopped us out, until later then!


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