Long
$RSR/BTC 2D (Binance Spot) Big falling wedge near breakout
Reserve Rights looks ready for a very bullish move after regaining 50MA and it's being retested right now, fill your bag here.
Current Price= 0.00000085
Buy Entry= 0.00000085 - 0.00000077
Take Profit= 0.00000108 | 0.00000140 | 0.00000164
Stop Loss= 0.00000063
Risk/Reward= 1:1.5 | 1:3.28 | 1:4.61
Expected Profit= +33.33% | +72.84% | +102.47%
Possible Loss= -22.22%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Current Price= 0.00000085
Buy Entry= 0.00000085 - 0.00000077
Take Profit= 0.00000108 | 0.00000140 | 0.00000164
Stop Loss= 0.00000063
Risk/Reward= 1:1.5 | 1:3.28 | 1:4.61
Expected Profit= +33.33% | +72.84% | +102.47%
Possible Loss= -22.22%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Trade active
All entries filledReserve Rights is still inside the demand zone, crossed under 50MA but looking good for a bounce anyway!
Note
SL edited lower to 0.00000058₿Reserve Rights is having a hard time going up but still above TL support, let's give it more space!
Trade closed: stop reached
SL hit with -28.40% and -1.28RReserve Rights was not able to go back up and lost TL support making a lower low.
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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.