Long
$REEF/USDT 1h (Binance Futures) Ascending triangle & TL breakout
Reef.finance is hyped and looks ready for bullish continuation after that break-out and retest!
Current Price= 0.038214
Buy Entry= 0.038350 - 0.037930
Take Profit= 0.039613 | 0.041847 | 0.045945
Stop Loss= 0.037147
Risk/Reward= 1:1.5 | 1:3.74 | 1:7.88
Expected Profit= +23.34% | +58.38% | +122.82%
Possible Loss= -15.60%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 1 week
Current Price= 0.038214
Buy Entry= 0.038350 - 0.037930
Take Profit= 0.039613 | 0.041847 | 0.045945
Stop Loss= 0.037147
Risk/Reward= 1:1.5 | 1:3.74 | 1:7.88
Expected Profit= +23.34% | +58.38% | +122.82%
Possible Loss= -15.60%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 1 week
Trade active
All entries filledReef Finance dipped to 100EMA and is bouncing back, so far so good! 🤞🏼
Trade closed: stop reached
SL hit with -15.60% (6x) and -1RWell, seems like 100EMA and TLs (Trend-Lines) couldn't hold after all and went down for triangle support retest.
It was a risky scalp for sure, but still looking good on Higher TF (Time-Frame) so I may swing ReefFinance later!
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Related publications
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.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Related publications
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.