$GMT/USDT 2h (#Bybit) Descending channel on resistance
Updated
Green Metaverse Token is retesting 100EMA and seems likely to bounce on it and drop.
⚡️⚡️ #GMT/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 9.4%
Current Price:
0.6443
Entry Zone:
0.6465 - 0.6687
Take-Profit Targets:
1) 0.6020
2) 0.5601
3) 0.5183
Stop Targets:
1) 0.7041
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +25.38% | +44.49% | +63.54%
Possible Loss= -21.21%
Fib. Retracement= 1.117 | 1.414 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 1-2 weeks
Website: stepn.com
⚡️⚡️ #GMT/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 9.4%
Current Price:
0.6443
Entry Zone:
0.6465 - 0.6687
Take-Profit Targets:
1) 0.6020
2) 0.5601
3) 0.5183
Stop Targets:
1) 0.7041
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +25.38% | +44.49% | +63.54%
Possible Loss= -21.21%
Fib. Retracement= 1.117 | 1.414 | 1.618
Margin Leverage= 3x
Estimated Gain-time= 1-2 weeks
Website: stepn.com
Trade closed: target reached
TP1 reached with +25.38% (3x) and +1.2RGMT got rejected as planned and instantly went down to first target.
Now bouncing back towards resistance again, it may play out a 2nd time if we are fortunate enough!
Trade active
1st entry filledGreenMetaverseToken went retesting 100EMA resistance and we are back in!
Trade closed: target reached
TP1 with +25.38% (3x) and +1.2RTrade closed: stop reached
SL hit with -21.21% (3x) and -1RGreenMetaverseToken regained 100EMA and seems to have broken-out bullish now!
Too bad we forgot to adjust Stop at Break-Even (BE) yesterday after reaching target.
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