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MKR/USDT 2h (Binance Fut.) Descending channel breakout
MKR / TetherUS PERPETUAL CONTRACT
Long
MKR/USDT 2h (Binance Fut.) Descending channel breakout
By TradingOn
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Aug 24, 2020
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Aug 24, 2020
Maker DAO broke-out again, this is a good opportunity to enter back in my opinion.
Current Price= 650.55
Buy Entry= 656.40 - 643.60
Take Profit= 687.48 | 752.32 | 802.16
Stop Loss= 612.52
Risk/Reward= 1:1 | 1:2.73 | 1:4.06
Expected Profit= +28.85% | +78.70% | +117.05%
Possible Loss= -28.85%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 5x
Estimated Gain-time= 240h
binance
binancefutures
bullishbreakout
Fibonacci
maker
makerdao
MKRUSDT
Parallel Channel
Support and Resistance
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