$DEFI/USDT 6h (Binance Futures) Falling wedge breakout
DeFi index is still bullish to me, especially after that break-out, let's join the up-trend!
Current Price= 2328.0
Buy Entry= 2330.2 - 2276.2
Take Profit= 2654.8 | 3031.4 | 3662.0
Stop Loss= 2068.1
Risk/Reward= 1:1.5 | 1:3.1 | 1:5.78
Expected Profit= +30.54% | +63.24% | +118.00%
Possible Loss= -20.42%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 360 hours
Current Price= 2328.0
Buy Entry= 2330.2 - 2276.2
Take Profit= 2654.8 | 3031.4 | 3662.0
Stop Loss= 2068.1
Risk/Reward= 1:1.5 | 1:3.1 | 1:5.78
Expected Profit= +30.54% | +63.24% | +118.00%
Possible Loss= -20.42%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 360 hours
Trade active
First entry filledDeFi dipped and bounced as planned so far, let's hope it keeps this way!
Trade closed: target reached
TP1 reached with +30.54% (2x) and 1.5RDeFi went for first target then dumped, luckily PC bot closed remaining position at 2nd entry
Related publications
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.
Related publications
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.