VET/USDT 3h (Binance Futures) Descending channel breakout
VeChain is looking bullish again and I'm expecting it to keep going up.
We enter the trade just in time, now it already left Buy zone so you could wait for it to add more or enter now if you missed out.
Current Price= 0.017973
Buy Entry= 0.017800 - 0.017290
Take Profit= 0.018745 | 0.019688 | 0.021085
Stop Loss= 0.016345
Risk/Reward= 1:1 | 1:1.79 | 1:2.95
Expected Profit= +27.36% | +48.84% | +80.72%
Possible Loss= -27.36%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 240h
We enter the trade just in time, now it already left Buy zone so you could wait for it to add more or enter now if you missed out.
Current Price= 0.017973
Buy Entry= 0.017800 - 0.017290
Take Profit= 0.018745 | 0.019688 | 0.021085
Stop Loss= 0.016345
Risk/Reward= 1:1 | 1:1.79 | 1:2.95
Expected Profit= +27.36% | +48.84% | +80.72%
Possible Loss= -27.36%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 240h
Note
This was when I published in my telegram channel @TradingOnLowTrade closed: stop reached
Stopped out with -27.36% using 4xSeems like it was a fake-out after all, we'll wait for the next one.
Too bad the first target was missed by 0.00029$, that was so close!
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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.