Chiliz / Bitcoin
Long
Aktualisiert

CHZ/BTC 12H (Binance) On TL support & inside falling wedge

268
Chiliz is almost back on the same trend-line it bounced from 2 months ago.
I'm expecting to catch it when it goes there, then to breakout that small wedge and rise for short/mid-term.
In higher time-frame we can see a huge pennant and if price action manages to close above middle line it will look very good for long-term.

Buy Entry= 0.00000093 - 0.00000089
Take Profit= 0.00000103 | 0.00000111 | 0.00000124
Stop Loss= 0.00000079

Risk/Reward= 1:1 | 1:1.67 | 1:2.75
Expected Profit= 13.19% | 21.98% | 36.26%
Possible Loss= -13.19%

Fib. Retracement= 0.236 | 0.382 | 0.618
Anmerkung
Went for first target before hitting entry but I'm still expecting a pullback to pennant support (blue one).
Anmerkung
Almost hit TP2 then went down, still expecting a stronger pullback to give us entry!
Trade ist aktiv
At last entry was hit at 93 sats, leave some more orders in the buy range in case of another low.
Trade geschlossen: Ziel wurde erreicht
TP2 more than reached with +19.35% and TP3 almost hit for 1 sat, I hope you haven't missed it!
Trade ist aktiv
Went back down to support, all entries were filled this time and price bounced, hold for targets.
Trade geschlossen: Ziel wurde erreicht
Totally forget to notify you here, but TP3 was hit with +36.26% on Apr 17th.
So that was a total of 55.79% gain because set-up worked twice!
Right now it's pumping again at 110 sats so if you're still in, don't forget to take profit.

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