$DEFI/USDT 8h (Binance Futures) Ascending channel on support

Mar 2, 2021

DeFi is up-trending and looking for continuation after that triangle break-out and retest.

Current Price= 2123.7
Buy Entry= 2112.5 - 2026.5
Take Profit= 2399.7 | 2691.6 | 3377.1
Stop Loss= 1849.2

Risk/Reward= 1:1.5 | 1:2.82 | 1:5.94
Expected Profit= +31.92% | +60.12% | +126.36%
Possible Loss= -21.30%

Fib. Retracement= 0.786 | 1 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 3 weeks

Mar 3, 2021

Trade active

All entries filled

DeFi dipped as planned then pumped, it may pull-back a last time but targets are looking quite reachable!

Mar 9, 2021

Trade closed: target reached

TP1 reached with +31.92% (2x) and +1.5R

DeFi kept growing as expected, quite decent profit so far, SL at 2nd entry.
Decentralized Finance tokens are hyped again and we are not missing out! 😜

Mar 23, 2021

Trade closed: target reached

🎯DDEFI/USDT 8h: TP2 reached with +60.12% (2x) and +2.82R

#DeFi went for second target and brought nice gain, then broke-down the ascending channel.
It still have many supports including 100EMA so I would not be too worried and wait for last target patiently!

Apr 16, 2021

Trade closed: target reached

TP3 reached with +126.36% (2x) and +5.94R

After breaking down 100EMA buy zone was hit again, then DeFi regained it and went up for last target!