$XTZ/BTC 12h (Binance Spot) Descending channel breakout & retest

Time to swing trade Tezos after that bullish breakout, entering on the pull-back.

Current Price= 0.0000937
Buy Entry= 0.0000940 - 0.0000870
Take Profit= 0.0001401 | 0.0002132 | 0.0002784
Stop Loss= 0.0000657

Risk/Reward= 1:2 | 1:4.95 | 1:7.58
Expected Profit= +54.81% | +135.58% | +207.62%
Possible Loss= -27.40%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h

Zlecenie aktywne:

All entries filled

Tezos has not move much since I made the signal, but we are fully in now.
Let's be very patient on that one, it could take weeks or even months to reach targets!

Transakcja zakończona: osiągnięto poziom stop:

SL hunted with -27.40% (1x) and -1R

Tezos was no exception today and dumped hard hitting our Stop Loss.
I was not expected such a reversal, especially after that strong bounce with up to +31%...
Anyway, I'll keep an eye on it and try to look for a new set-up soon!