Long

$WAVES/USDT 1h (Binance Futures) Descending trendline regained

Updated
Waves broke bullish and is supported by 50MA as well, time to scalp it!

Current Price= 9.9358
Buy Entry= 10.0052 - 9.7050
Take Profit= 10.8847 | 11.9343 | 13.4197
Stop Loss= 9.1684

Risk/Reward= 1:1.5 | 1:3.03 | 1:5.19
Expected Profit= +31.35% | +63.30% | +108.51%
Possible Loss= -20.91%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 5 days
Trade closed: target reached
TP1 reached with +31.35% (3x) and 1.5R

Waves achieved to hold the TL & 50MA support then broke-out bullish again, way to go! 🌊

snapshot
binancebullishbreakoutChart PatternsfuturesTechnical IndicatorsTrend Analysiswaveswavesusdt

Also on:

Related publications

Disclaimer