TomoChain is sitting on 50MA support and is likely to bounce after that triangle retest.
Current Price= 1.6171
Buy Entry= 1.6200 - 1.515
Take Profit= 1.9990 | 2.4240 | 3.0819
Stop Loss= 1.2225
Risk/Reward= 1:1.25 | 1:2.48 | 1:4.39
Expected Profit= +27.53% | +54.64% | +96.61%
Possible Loss= -22.01%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Current Price= 1.6171
Buy Entry= 1.6200 - 1.515
Take Profit= 1.9990 | 2.4240 | 3.0819
Stop Loss= 1.2225
Risk/Reward= 1:1.25 | 1:2.48 | 1:4.39
Expected Profit= +27.53% | +54.64% | +96.61%
Possible Loss= -22.01%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Trade active:
All entries filled
TomoChain is not going as planned, no bounce on triangle retest...
TomoChain is not going as planned, no bounce on triangle retest...
Comment:
Up to +11.66% (1x) profit
TomoChain is back, regained 50MA and about to break 100EMA now, finally looking good!
TomoChain is back, regained 50MA and about to break 100EMA now, finally looking good!
Trade closed: target reached:
TP1 reached with +27.53% (1x) and +1.25R
TomoChain made it in Futures as well, so we are earning in both Dollar and Bitcoin, what a success!
After a chaotic start, that set-up aged very well, good thing we stuck to the plan as we always should.
TomoChain made it in Futures as well, so we are earning in both Dollar and Bitcoin, what a success!
After a chaotic start, that set-up aged very well, good thing we stuck to the plan as we always should.
Trade closed: target reached:
TP2 reached with +54.64% (1x) and +2.48R
TomoChain kept going up without caring much about the rest of the market! 😅
TomoChain kept going up without caring much about the rest of the market! 😅
Trade closed: target reached:
TP3 reached with +96.61% (1x) and +4.39R
That's a wrap for Tomo Chain, all targets achieved bringing huge gain without leverage!
That's a wrap for Tomo Chain, all targets achieved bringing huge gain without leverage!
TomoChain almost stopped us out but managed to bounce right on time.
Now facing 50MA resistance, you could reduce a bit here if you averaged your entry lower.
But we still expect more recovery, especially is support is regained!