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$DEFI/USDT 1h (#BinanceFutures) Falling channel breakout
DEFI / TetherUS PERPETUAL CONTRACT
Long
$DEFI/USDT 1h (#BinanceFutures) Falling channel breakout
By TradingOn
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Jan 20, 2022
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Jan 20, 2022
DeFi Composite Index looks ready for short-term recovery after regaining 50MA support.
binance.com/en/futures/funding-history/3?contract=DEFIUSDT
Current Price= 2177.1
Buy Entry= 2176.3 - 2150.3
Take Profit= 2258.6 | 2356.2 | 2474.0
Stop Loss= 2098.9
Risk/Reward= 1:1.5 | 1:3 | 1:4.82
Expected Profit= +26.46% | +53.52% | +86.16%
Possible Loss= -17.64%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 6x
Estimated Gain-time= 5 days
compositeindex
decentralizedfinance
DEFI
defiusdt
derivatives
Ethereum (Cryptocurrency)
futures
index
perpetual
Trend Analysis
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