$WAVES/USDT 2D (Binance Futures) Big bull pennant on support

Dec 15, 2021

Waves Protocol is likely to bounce on demand zone and resume bullish mid-term, let's give it a chance!

Current Price= 15.183
Buy Entry= 15.230 - 13.730
Take Profit= 19.718 | 24.448 | 34.640
Stop Loss= 11.855

Risk/Reward= 1:2 | 1:3.8 | 1:7.68
Expected Profit= +36.17% | +68.84% | +139.23%
Possible Loss= -18.13%

Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 6 months

Dec 16, 2021

Trade active

First entry filled

Waves Protocol instantly bounced back with up to +23.81% (1x) so far, what a nice timing!

Dec 17, 2021

Trade closed: target reached

TP1 reached with +30.98% (1x) and +2R

WavesP rotocol bounced hard and is about to break the downtrend, nice to see it outperforming the market!
Better not be too greedy and update the Stop Loss to lowest entry (13.730$) in case it got rejected on 100EMA.