$CRO/USDT 12h (#Bybit) Rising wedge on resistance

2 de mar. de 2022

⚡️⚡️ #CRO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)

Current Price:
0.44340

Entry Zone:
0.44450 - 0.45820

Take-Profit Targets:
1) 0.41120
2) 0.38550
3) 0.35810

Stop Targets:
1) 0.48355

Cronos is facing 100EMA, it seems likely to reverse again and resume the retracement down after.

Risk/Reward= 1:1.25 | 1:2.05 | 1:2.9
Expected Profit= +26.70% | +43.77% | +61.98%
Possible Loss= -21.39%

Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 3 weeks

Tags: #CROUSDT #CryptoDotCom #CryptoComCoin #CEx #Payment #App #Earn #Wallet #DeFi #SolEco

Website: crypto.com/en/chain

11 de mar. de 2022

Trade ativo

First entry filled

Cronos got rejected as planned and broke-down the rising wedge, almost hitting 1st target.
We'll probably reach it later but you can already adjust SL to BE securing the trade!

11 de mar. de 2022

Trade fechado: objetivo atingido

TP2 reached with +43.77% (3x) and +2.05R

Cronos continued with the retracement down as forecast, pretty accurate result!
Final target is in play, SL adjusted to lowest entry (0.44450) anyway.