TradingOn

TNT/BTC 1H (Binance) Falling wedge on old support

Long
TradingOn Updated   
BINANCE:TNTBTC   None
Tierion got dumped yesterday and it's now forming a bullish pattern on low TF, could be a dead cat bounce or a reversal here.

Buy Entry= 0.00000538 - 0.00000516
Take Profit= 0.00000592 | 0.00000631 | 0.00000694
Stop Loss= 0.00000458

Risk/Reward= 1:1 | 1:1.6 | 1:2.57
Expected Profit= 12.33% | 19.73% | 31.69%
Possible Loss= -12.33%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Trade closed: stop reached:
SL hit with -12.33%

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