Long
PERL/BTC 2h (Binance Spot) Descending channel on support
#Perlin is looking read for a reversal here, at least to channel resistance but maybe way higher if breaks out.
Current Price= 0.00000194
Buy Entry= 0.00000196 - 0.00000192
Take Profit= 0.00000205 | 0.00000216 | 0.00000227
Stop Loss= 0.00000183
Risk/Reward= 1:1 | 1:2 | 1:3
Expected Profit= +5.67% | +11.34% | +17.01%
Possible Loss= -5.67%
Fib. Retracement= 0.232 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 180h
Current Price= 0.00000194
Buy Entry= 0.00000196 - 0.00000192
Take Profit= 0.00000205 | 0.00000216 | 0.00000227
Stop Loss= 0.00000183
Risk/Reward= 1:1 | 1:2 | 1:3
Expected Profit= +5.67% | +11.34% | +17.01%
Possible Loss= -5.67%
Fib. Retracement= 0.232 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 180h
Trade closed: target reached
TP1 was reached with +5.67% yesterdayThen price went back down to entry and bot sold remaining position.
So far it looks like a pullback retesting the broken channel, so buying back could be an option here!
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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.