$MKR/USDT 4h (Binance Futures) Inverted Head and Shoulders
Updated
Maker just broke out of the descending TL and is looking ready for a big leg up, maybe after a last neckline retest!
More information about that DAO and DeFi / BSC token also part of Avalanche and Near Protocol Ecosystem on makerdao.com
Current Price= 2660.5
Buy Entry = 2609.1 - 2551.3
Take Profit= 2786.2 | 2985.1 | 3238.1
Stop Loss= 2442.5
Risk/Reward= 1:1.5 | 1:2.94 | 1:4.78
Expected Profit= +23.94% | +47.07% | +76.50%
Possible Loss= -16.02%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
More information about that DAO and DeFi / BSC token also part of Avalanche and Near Protocol Ecosystem on makerdao.com
Current Price= 2660.5
Buy Entry = 2609.1 - 2551.3
Take Profit= 2786.2 | 2985.1 | 3238.1
Stop Loss= 2442.5
Risk/Reward= 1:1.5 | 1:2.94 | 1:4.78
Expected Profit= +23.94% | +47.07% | +76.50%
Possible Loss= -16.02%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Note
TP2 would have been reached with up to +45.54% (3x)Maker instantly pumped hard, unfortunately entry was missed by 15.5$, 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.
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