TradingOn

$SCRT/BTC 1D (Binance Spot) Descending channel breakout

Long
TradingOn Updated   
BINANCE:SCRTBTC   Secret Network / Bitcoin
Secret Network (formerly known as Enigma) broke bullish and is supported by 100EMA, looks ready for a leg up here!

Current Price= 0.00004975
Buy Entry= 0.00004990 - 0.00004730
Take Profit= 0.00006440 | 0.00006440 | 0.00009998
Stop Loss= 0.00004069

Risk/Reward= 1:2 | 1:3.6 | 1:6.5
Expected Profit= +32.51% | +58.64% | +105.72%
Possible Loss= -16.28%

Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 month
Comment:
TP2= 0.00007710 like in the chart*
Trade active:
All entries filled

Secret bounced nicely from buy zone but missed target by 0.00000180₿.
Then it pulled back, giving a new opportunity for those who missed the first train!

Trade closed: target reached:
TP1 reached with +32.51% (1x) and +2R

Secret nicely hit first target this time, I hope you did not miss out!


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