Long
TOMO/BTC 1D (Binance Spot) Falling wedge breakout & W pattern
TomoChain is looking bullish after that clear break-out, let's try to catch a dip to follow the trend.
Also on the RSI we can see the Trend Line broken and the W pattern, that's quite promising!
Current Price= 0.00008356
Buy Entry= 0.00007845 - 0.00007271
Take Profit= 0.00008971 | 0.00009974| 0.00011499
Stop Loss= 0.00006475
Risk/Reward= 1:1.31 | 1:2.23 | 1:3.64
Expected Profit= +18.71% | +31.98% | +52.16%
Possible Loss= -14.32%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h
Also on the RSI we can see the Trend Line broken and the W pattern, that's quite promising!
Current Price= 0.00008356
Buy Entry= 0.00007845 - 0.00007271
Take Profit= 0.00008971 | 0.00009974| 0.00011499
Stop Loss= 0.00006475
Risk/Reward= 1:1.31 | 1:2.23 | 1:3.64
Expected Profit= +18.71% | +31.98% | +52.16%
Possible Loss= -14.32%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h
Trade active
Just pulled back to give us entry 🤞🏼Note
All entries filled and back in buy range.Dumped more than I expected but bullish scenario is still in play!
Note
Pumped at last 📈Got rejected at 8400 sats so far but I believe it will keep growing, hold tight!
Trade closed: target reached
TP2 reached with +31.65% form average entryI adjusted a little bit the second target to 0.00009949 because it was missed by 10 sats, so the bot sold!
Last target is still valid but a retracement even small would be logical first, my advice: don't FOMO in.
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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.