Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$BAND/USDT 6h (Binance Futures) Trendline break and retest
BAND / TetherUS PERPETUAL CONTRACT
Long
$BAND/USDT 6h (Binance Futures) Trendline break and retest
By TradingOn
Follow
Follow
Updated
Feb 5, 2021
0
Feb 2, 2021
Band Protocol is looking rather bullish here, also sitting on midline support from ascending channel.
Current Price= 11.7183
Buy Entry= 11.7350 - 11.3130
Take Profit= 13.1074 | 15.4391 | 18.4985
Stop Loss= 10.3476
Risk/Reward= 1:1.35 | 1:3.33 | 1:5.93
Expected Profit= +13.74% | +33.97% | +60.52%
Possible Loss= -10.21%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 360h
Feb 5, 2021
Trade active
All entries filled
Band dipped a bit more but went back up right after, way to go!
Feb 5, 2021
Trade closed: target reached
TP1 reached with +13.74% and 1.35R
Band dipped a last time then bounced back and went for first target, very nice trade.
band
bandprotocol
BANDUSDT
binance
Chart Patterns
futures
Technical Indicators
Trend Analysis
TradingOn
Follow
Also on:
Related publications
BAND/BTC 8h (Binance Spot) Descending channel breakout & retest
by TradingOn
$BAND/USDT 3h (Binance Fut.) Parallel channel on midline support
by TradingOn
$BAND/USDT 3h (Binance Fut.) Parallel channel facing resistance
by TradingOn
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
.