Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$COIN/USD 1D (#FTX) Falling broadening wedge breakout and retest
Coinbase
Long
$COIN/USD 1D (#FTX) Falling broadening wedge breakout and retest
By TradingOn
Follow
Follow
Updated
May 5, 2022
3
Apr 6, 2022
⚡️⚡️ #COIN/USD ⚡️⚡️
Exchanges: FTX
Signal Type: Regular
Current Price:
170.00
Entry Zone:
169.85 - 156.51
Take-Profit Targets:
1) 213.23
2) 261.47
3) 309.71
Stop Targets:
1) 122.98
Published By: @Zblaba
Coinbase is pulling back to previous support, acting as strong demand zone.
Risk/Reward= 1:1.25 | 1:2.45 | 1:3.65
Expected Profit= +30.68% | +60.24% | +89.80%
Possible Loss= -24.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3.5 months
Tags: #COINUSD #Crypto #Tokenized #Stock #Nasdaq
Website:
coinbase.com/
May 5, 2022
Trade closed: stop reached
SL was hit with -24.64% and -1R🛑
Coinbase lost support and entered back inside the wedge, stopping us out.
coin
coinbase
COINUSD
crypto
FTX
nasdaq
Stocks
Supply and Demand
Support and Resistance
tokenized
Wedge
TradingOn
Follow
Also on:
Related publications
$COIN/BTC 3D
by TradingOn
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.