TradingOn

$SRM/BTC 3D (Binance Spot) Big ascending channel on support

Long
TradingOn Updated   
BINANCE:SRMBTC   None
Serum is sitting on strong demand zone and is likely to reverse after a last dip.

Current Price= 0.0000962
Buy Entry= 0.0000967 - 0.0000879
Take Profit= 0.0001425 | 0.0001899 | 0.0003028
Stop Loss= 0.0000722

Risk/Reward= 1:2.5 | 1:4.86 | 1:10.47
Expected Profit= +54.39% | +105.74% | +228.06%
Possible Loss= -21.78%

Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 7 months

Website: projectserum.com
Trade active:
All entries filled

Serum went down revisiting the support, time to wait patiently for a bounce now.

Trade closed: stop reached:
SL hit with -21.78% and -1R

Serum did not manage to bounce and broke the channel down.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.