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$RLC/USDT 2D (Binance Futures) Falling wedge breakout

Long
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BINANCE:RLCUSDT.P   iExec RLC / TetherUS PERPETUAL CONTRACT
iExec RLC is trying to regain 50MA which would propel it way higher, let's catch next dip!
More information about that blockchain-based decentralized computing on iex.ec/

Current Price= 3.4422
Buy Entry = 3.4211 - 3.1301
Take Profit= 4.0890 | 4.9961 | 6.9995
Stop Loss= 2.7316

Risk/Reward= 1:1.5 | 1:3.16 | 1:5.56
Expected Profit= +24.83% | +52.52% | +93.32%
Possible Loss= -16.08%

Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active:
First entry filled

iExec RLC hit exactly 3.4205$ then bounced back +10.56%, what a great start, now facing daily 200MA but don't plan on taking profit yet.


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