COMP/USDT 4h (Binance Futures) Descending channel breakout
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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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.