Long
$TOMO/BTC 3D (Binance Spot) Symmetrical triangle breakout
TomoChain is looking bullish again in satoshis, let's enter a long-term swing here!
Better be very patient, there is still the descending trendline to break in order to flip the downtrend properly.
Current Price= 0.00004575
Buy Entry= 0.00004602 - 0.00004212
Take Profit= 0.00005916 | 0.00008735 | 0.00011166
Stop Loss= 0.00003195
Risk/Reward= 1:1.25 | 1:3.57 | 1:5.58
Expected Profit= +34.24% | +98.21% | +153.37%
Possible Loss= -27.50%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 5 months
Better be very patient, there is still the descending trendline to break in order to flip the downtrend properly.
Current Price= 0.00004575
Buy Entry= 0.00004602 - 0.00004212
Take Profit= 0.00005916 | 0.00008735 | 0.00011166
Stop Loss= 0.00003195
Risk/Reward= 1:1.25 | 1:3.57 | 1:5.58
Expected Profit= +34.24% | +98.21% | +153.37%
Possible Loss= -27.50%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 5 months
Trade active
All entries filledTomoChain is looking promising in sats as well, accumulation about to end..
Trade closed: target reached
TP1 reached with +34.24% (1x) and +1.25RTomoChain confirmed the break-out in satoshis on HTF (High Time-Frame) and hit first target!
Trade closed: target reached
TP2 reached with +98.21% (1x) and +3.57RTomoChain perfectly hit second target, nice profit taken and still holding some for the remaining one!
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Related publications
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.