TradingOn

VET/USDT 8H (Binance Fut.) Ascending channel & triangle

Long
TradingOn Updated   
BINANCE:VETUSDT.P   VeChain / TetherUS PERPETUAL CONTRACT
VeChain's chart is looking different in TetherUS but could totally make one more impulse.
Keep an eye on the pair in satoshi and be ready for bullish scenario:

Buy Entry= 0.004170 - 0.004010
Take Profit= 0.004484 | 0.004965 | 0.005488
Stop Loss= 0.003696

Risk/Reward= 1:1 | 1:2.22 | 1:3.55
Expected Profit= 28.89% | 64.17% | 102.54%
Possible Loss= -28.89%

Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 3x
Trade active:
1/3 entries filled.
Trade closed: target reached:
TP1 with +28.89% (3x) 🎯
Comment:
Went back down to entry and bounce again to first target, if this isn't accuracy, you tell me... 😜
Other targets still valid, the VET/BTC pair is preparing for a move up also. But don't forget to take some profit here!
Trade closed: target reached:
TP2 with +64.17% for the dollar pair in Futures (3x).
Last target is still valid, will depend on VET/BTC next move!
Comment:
Of course it will also depend on BTC/USDT pair, but as long as the channel is respected we should keep going up and break the ascending triangle:
Trade closed: target reached:
And that's a wrap, TP3 with +102.54% using only 3x margin leverage, I hope you were holding with me the whole time 🔥
Ascending triangle broke-out yesterday then price action got rejected on mid-line channel as expected.
Support is about to be retested right now, so it could go higher after that but I took profit and will wait for a new entry soon!

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