$DOT/USD 2D (Binance Coin-Futures) Symmetrical triangle retest

Polkadot has pulled back toward big demand zone, we expect price to reverse and resume bullish after.

Risk/Reward= 1:1.5 | 1:3.35 | 1:6.75
Expected Profit= +39.73% | +88.93% | +179.44%
Possible Loss= -26.58%

Fib. Retracement= 0.382 | 0.701 |1.117
Margin Leverage= 1x
Estimated Gain-time= 4 months

Website: polkadot.network

⚡️⚡️ #DOT/USD ⚡️⚡️
Exchanges: BitMEX, ByBit, Binance Coin-Futures
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)

Current Price:
23.634

Entry Zone:
23.564 - 20.544

Take-Profit Targets:
1) 30.817
2) 41.667
3) 61.628

Stop Targets:
1) 16.193

Trade closed: target reached:

TP1 would have been reached with up to +38.93% (1x)

Polkadot bounced back quite strong, unfortunately entry was missed by 0.040$ for the bot traders.
100EMA is regained so bullish continuation is in play, if you did not enter manually, better not miss next dip!

Trade active:

First entry filled

Polkadot got rejected by 100EMA after all and pulled back to our demand zone, nice dip catch!

Trade closed: stop reached:

SL was hit with -26.58% (1x) and -1R

Polkadot got rejected again and broke-down forming a falling wedge.
Stop was hunted so we'll wait until it breaks bullish again to long it back!