$MKR/USDT 4h (Binance Futures) Inverted Head and Shoulders
Maker just broke out of the descending TL and is looking ready for a big leg up, maybe after a last neckline retest!
More information about that DAO and DeFi / BSC token also part of Avalanche and Near Protocol Ecosystem on makerdao.com
Current Price= 2660.5
Buy Entry = 2609.1 - 2551.3
Take Profit= 2786.2 | 2985.1 | 3238.1
Stop Loss= 2442.5
Risk/Reward= 1:1.5 | 1:2.94 | 1:4.78
Expected Profit= +23.94% | +47.07% | +76.50%
Possible Loss= -16.02%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
More information about that DAO and DeFi / BSC token also part of Avalanche and Near Protocol Ecosystem on makerdao.com
Current Price= 2660.5
Buy Entry = 2609.1 - 2551.3
Take Profit= 2786.2 | 2985.1 | 3238.1
Stop Loss= 2442.5
Risk/Reward= 1:1.5 | 1:2.94 | 1:4.78
Expected Profit= +23.94% | +47.07% | +76.50%
Possible Loss= -16.02%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Note
TP2 would have been reached with up to +45.54% (3x)Maker instantly pumped hard, unfortunately entry was missed by 15.5$, so not cool!
We hope some of you were fast enough to enter manually anyway, if so then don't hesitate to take some partial profit here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.