$DENT/USDT 3h (Binance Futures) Falling wedge breakout
Updated
Dent looks bullish here after that wedge retest, let's enter a scalp.
Current Price= 0.013228
Buy Entry = 0.013122 - 0.012604
Take Profit= 0.014405 | 0.015709 | 0.018080
Stop Loss= 0.011751
Risk/Reward= 1:1.33 | 1:2.48 | 1:4.57
Expected Profit= +23.54% | +43.78% | +80.58%
Possible Loss= -17.64%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 10 days
Current Price= 0.013228
Buy Entry = 0.013122 - 0.012604
Take Profit= 0.014405 | 0.015709 | 0.018080
Stop Loss= 0.011751
Risk/Reward= 1:1.33 | 1:2.48 | 1:4.57
Expected Profit= +23.54% | +43.78% | +80.58%
Possible Loss= -17.64%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade closed: stop reached
SL hit with -17.64% (2x) and -1RDent was due for a last leg down after all and we got stop hunted, I am entering back manually here with lower SL.
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