Long
Atualizado

$XVG/BTC 3D (Binance Spot) Big falling wedge breakout

944
Verge seems ready to resume the up-trend on High Time Frame (HTF).

Current Price= 0.00000052
Buy Entry= 0.00000050 - 0.00000046
Take Profit= 0.00000063 | 0.00000086 | 0.00000125
Stop Loss= 0.00000035

Risk/Reward= 1:1.15 | 1:2.92 | 1:5.92
Expected Profit= +31.25% | +79.17% | +160.42%
Possible Loss= -27.08%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3600h
Trade fechado: stop atingido
SL hit with -12.50% (1x) and -0.47R

Verge broke down the ascending Trend-Line (TL) and is likely to retrace down further short-term.
That is why I decided to adjust Stop Loss to current price, we'll try to catch it another time!

snapshot

Aviso legal

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