TradingOn

$DOT/USDT 12h (Binance Futures) Symmetrical triangle breakout

Long
TradingOn Updated   
BINANCE:DOTUSDT.P   DOT / TetherUS PERPETUAL CONTRACT
Polkadot has broken out of that triangle/pennant, let's wait for 50MA retest to enter!

Current Price= 38.009
Buy Entry= 36.742 - 35.160
Take Profit= 41.957 | 48.976 | 57.628
Stop Loss= 31.934

Risk/Reward= 1:1.5 | 1:3.24 | 1:5.4
Expected Profit= +33.42% | +72.46% | +120.60%
Possible Loss= -22.34%

Fib. Retracement= 1.272 | 2 | 2.764
Margin Leverage= 2x
Estimated Gain-time= 1 month
Trade active:
All entries filled

Polkadot finally dipped and we are in, no time to lose patience!


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.