$DEFI/USDT 1D (Binance Futures)Symmetrical triangle break retest
Updated
DeFi Composite Index bounced on 200MA support and seems strong enough to resume the bullish trend here.
Current Price= 2416.9
Buy Entry= 2400.1 - 2226.1
Take Profit= 2913.7 | 3727.5 | 5019.1
Stop Loss= 1911.4
Risk/Reward= 1:1.5 | 1:3.52 | 1:6.74
Expected Profit= +25.97% | +61.15% | +116.99%
Possible Loss= -17.37%
Fib. Retracement= 0.702 | 1.117 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 4 months
binance.com/en/futures/funding-history/3?contract=DEFIUSDT
Current Price= 2416.9
Buy Entry= 2400.1 - 2226.1
Take Profit= 2913.7 | 3727.5 | 5019.1
Stop Loss= 1911.4
Risk/Reward= 1:1.5 | 1:3.52 | 1:6.74
Expected Profit= +25.97% | +61.15% | +116.99%
Possible Loss= -17.37%
Fib. Retracement= 0.702 | 1.117 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 4 months
binance.com/en/futures/funding-history/3?contract=DEFIUSDT
Trade active
1st entry filledDeFi CompositeIndex dipped enough to let us in, time to look back up now!
Trade active
2nd & 3rd entries filledDeFi Composite Index almost hit first target then pulled back to demand zone again, 100EMA seems to be holding!
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