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$XTZ/BTC 8h (Binance Spot) Descending trendline breakout

Long
TradingOn Updated   
BINANCE:XTZBTC   Tezos / Bitcoin
Tezos is moving up again and about to break bullish, let's buy back!

Current Price= 0.0000771
Buy Entry= 0.0000771 - 0.0000745
Take Profit= 0.0000886 | 0.0001051 | 0.0001365
Stop Loss= 0.00043820

Risk/Reward= 1:2 | 1:4.59 | 1:9.48
Expected Profit= +16.89% | +38.65% | +80.08%
Possible Loss= -8.44%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
Trade closed: target reached:
TP2 reached with +38.65% and +4.59R

Tezos took its time but finally pumped nicely, last target is still in play.

Trade closed: target reached:
TP3 reached with +80.08% and +9.48R

Tezos finally made it to last target, patience paying-off nicely!


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