COMP/USDT 4h (Binance Futures) Descending channel breakout
Updated
Compound is looking bullish again, let's give it another try!
Current Price= 180.68
Buy Entry= 182.34 - 174.30
Take Profit= 204.52 | 230.38 | 274.39
Stop Loss= 158.59
Risk/Reward= 1:1.3 | 1:2.6 | 1:4.81
Expected Profit= +43.68% | +87.15% | +161.10%
Possible Loss= -33.48%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time=240h
Current Price= 180.68
Buy Entry= 182.34 - 174.30
Take Profit= 204.52 | 230.38 | 274.39
Stop Loss= 158.59
Risk/Reward= 1:1.3 | 1:2.6 | 1:4.81
Expected Profit= +43.68% | +87.15% | +161.10%
Possible Loss= -33.48%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time=240h
Trade closed: target reached
TP2 more than reached with +87% using only 3xThat refill call under 200$ on Compound was golden.
In fact TP3 was just missed by 1.79$ which is very few, I'll hold because it has space to grow more!
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