$WAVES/USDT 1h (Binance Fut) Descending trendline break & retest

Sep 29, 2021

Waves Protocol is looking good for a bounce here, let's give it another go!
That blockchain platform is also part of the Solana Ecosystem, more information on waves.tech

Current Price= 23.111
Buy Entry = 23.142 - 22.732
Take Profit= 24.367 | 25.494 | 27.989
Stop Loss= 22.939

Risk/Reward= 1:1.2 | 1:2.14 | 1:3.02
Expected Profit= +18.69% | +33.45% | +47.22%
Possible Loss= -15.63%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 1 week

Sep 30, 2021

Trade active

Both entries filled

Waves Protocol bounced very nicely this time with up to +15.03% (3x), almost hitting first target, will get there later eventually!

Oct 4, 2021

Trade closed: target reached

TP2 reached with +33.45% (3x) and +2.14R

Waves Protocol pumped very nicely almost hitting last target, let's update it higher to 27.259$, SL edited to 1st entry (23.142$)

Oct 4, 2021

Trade closed: target reached

TP3 reached with +56.52% (3x) and +3.61R

Waves Protocol went up higher hitting (updated) last target, up to +71.94% (3x) from average entry.
Trade is fully closed in Futures but 100EMA is still supporting the uptrend so we keep holding a bag in Spot.