$SCRT/BTC 3D (#BinanceMargin) Big rising wedge on resistance

26 de jan. de 2022

Secret Network got rejected on top and is now facing supply zone, could retrace down in the coming months.

Current Price= 0.00017012
Sell Entry = 0.00017092 - 0.00018817
Take Profit= 0.00013928 | 0.00010075 | 0.00007980
Stop Loss= 0.00021137

Risk/Reward= 1:1.5 | 1:2.45 | 1:3.1
Expected Profit= +22.30% | +43.80% | +55.48%
Possible Loss= -17.91%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 6 months

Tags: #SCRT #SCRTBTC #Privacy #Web3 #SC #NFT #DeFi

Website: scrt.network

Contracts:
#Mainnet
#Secret secret1k0jntykt7e4g3y88ltc60czgjuqdy4c9e8fzek
#Cosmos IBC/0954E1C28EB7AF5B72D24F3BC2B47BBB2FDF91BDDFD57B74B99E133AED40972A

24 de mar. de 2022

Trade fechado: objetivo atingido

TP1 reached with +22.30% (1x) and +1.25R

#SecretNetwork retraced as expected and broke the wedge down, revisiting 50MA support.
Bearish continuation is in play, SL edited down to highest entry now (0.00018817)

24 de mar. de 2022

Trade fechado: objetivo atingido

TP2 reached with +43.80% (1x) and +2.45R

#SecretNetwork ketp going down as planned, losing 50MA and bringing a very nice profit
It bounced on 100EMA retest, last target remains valid but SL was edited down to 0.00017092

16 de jun. de 2022

Trade fechado: objetivo atingido

TP3 reached with +55.48% (1x) and +3.1R

Secret Network continued with the correction after losing 100EMA support, that was sharp!