$GRT/USDT 90m (Binance Futures)Descending channel break & retest
Updated
The Graph just regained 50MA support and pulled back towards it, a bounce here is likely.
That DeFi / BSC token is also part of most Ecosystems such as Solana, Polygon and Fantom, more information on thegraph.com
Current Price= 0.69512
Buy Entry = 0.69418 - 0.68782
Take Profit= 0.71480 | 0.74426 | 0.77168
Stop Loss= 0.67189
Risk/Reward= 1:1.25 | 1:2.79 | 1:4.22
Expected Profit= +24.08% | +53.97% | +81.76%
Possible Loss= -19.39%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 7x
Estimated Gain-time= 1 week
That DeFi / BSC token is also part of most Ecosystems such as Solana, Polygon and Fantom, more information on thegraph.com
Current Price= 0.69512
Buy Entry = 0.69418 - 0.68782
Take Profit= 0.71480 | 0.74426 | 0.77168
Stop Loss= 0.67189
Risk/Reward= 1:1.25 | 1:2.79 | 1:4.22
Expected Profit= +24.08% | +53.97% | +81.76%
Possible Loss= -19.39%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 7x
Estimated Gain-time= 1 week
Trade closed: target reached
TP2 reached with +53.97% (7x) and +2.79RTheGraph retested 50MA support then pumped nicely as foreseen, SL updated to 1st entry now (0.69418$).
Trade closed: target reached
TheGraph pulled-back to 50MA again then almost instantly bounced, amazing scalp.Up to +145.88% (7x) from average entry to local top, trade is fully closed now, enjoy that huge profit !
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