TradingOn

$STORJ/BTC 1D (Binance Spot) Big falling wedge near breakout

Long
TradingOn Updated   
BINANCE:STORJBTC   Storj / Bitcoin
Storj is looking ready to reverse the downtrend here, we are grabbing a decent bag!

Current Price= 0.00001346
Buy Entry= 0.00001352 - 0.00001230
Take Profit= 0.00001854 | 0.00002535 | 0.00003699
Stop Loss= 0.00000969

Risk/Reward= 1:1.75 | 1:3.86 | 1:7.48
Expected Profit= +43.61% | +96.36% | +186.52%
Possible Loss= -24.94%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active:
First entry filled

Storj is taking its time, let's be patient enough while accumulation is going on.

Trade active:
Second entry filled

Storj dipped a bit more then finally broke out of that wedge, looking forward to it!

Trade closed: target reached:
🎯TP1 reached with +43.61% (1x) and +1.75R

Storj made it after consolidating and breaking out of a bullish pennant!

Trade closed: target reached:
TP2 reached with +96.36% (1x) and +3.86R

Amazing pump for Storj, huge profit booked, last target still valid!

Comment:
TP3 almost hit on that big leg up

Storj did not stop pumping and missed last target by only 14 sats, that was so close!
Up to +185.44% profit from average entry, without leverage, pretty decent for a free call :D

Trade closed: target reached:
TP3 more than reached with +186.52% (1x) and +7.48R

Storj went insane last weekend and hit Fib 1 with up to +430% from entry!
We took profit on third target and were very happy about that, congrats if you held higher.


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.