Long
$TOMO/USDT 1h (Binance Futures) Descending channel near breakout

TomoChain is looking good for a bounce here after regaining 50MA support, more information about that coin on tomochain.com
Current Price= 2.0807
Buy Entry = 2.0857 - 2.0323
Take Profit= 2.2697 | 2.4610 | 2.6433
Stop Loss= 1.8917
Risk/Reward= 1:1.25 | 1:2.38 | 1:3.47
Expected Profit= +20.36% | +38.94% | +56.64%
Possible Loss= -16.34%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 5 days
Current Price= 2.0807
Buy Entry = 2.0857 - 2.0323
Take Profit= 2.2697 | 2.4610 | 2.6433
Stop Loss= 1.8917
Risk/Reward= 1:1.25 | 1:2.38 | 1:3.47
Expected Profit= +20.36% | +38.94% | +56.64%
Possible Loss= -16.34%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 5 days
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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.