$TOMO/USDT 1h (Binance Futures) Bear-pennant near breakdown
TomoChain has formed a bearish pattern and looks ready for continuation downwards.
Current Price= 2.4228
Sell Entry = 2.4171 - 2.5185
Take Profit= 2.2620 | 2.0653 | 1.9360
Stop Loss= 2.6331
Risk/Reward= 1:1.25 | 1:2.43 | 1:3.22
Expected Profit= +25.02% | +48.93% | +64.65%
Possible Loss= -20.10%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 3 days
Current Price= 2.4228
Sell Entry = 2.4171 - 2.5185
Take Profit= 2.2620 | 2.0653 | 1.9360
Stop Loss= 2.6331
Risk/Reward= 1:1.25 | 1:2.43 | 1:3.22
Expected Profit= +25.02% | +48.93% | +64.65%
Possible Loss= -20.10%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 3 days
Trade geschlossen: Ziel wurde erreicht:
TP1 reached with +25.02% (3x) and +1.25R
TomoChain broke-down as expected, nice chart reading, SL updated to 2.5165$
TomoChain broke-down as expected, nice chart reading, SL updated to 2.5165$
Trade geschlossen: Ziel wurde erreicht:
TP2 reached with +48.93% (3x) and +2.43R
TomoChain regained 50MA but got rejected on 100EMA this time, nice to keep earning both ways!
SL moved to 1st entry (2.4191$), we expect it to recover mid-term so if you are a holder you can slowly start to buy back.
TomoChain regained 50MA but got rejected on 100EMA this time, nice to keep earning both ways!
SL moved to 1st entry (2.4191$), we expect it to recover mid-term so if you are a holder you can slowly start to buy back.
Trade geschlossen: Ziel wurde erreicht:
TP3 reached with +64.65% (3x) and +3.22R
TomoChain went for last target after all, congrats if you were still in!
Let's keep an eye on it because recovery will probably be quite strong.
TomoChain went for last target after all, congrats if you were still in!
Let's keep an eye on it because recovery will probably be quite strong.
