$VET/USDT 4h (Binance Futures) Ascending channel on support
Updated
VeChain has broken the down-trend and is recovering quite quickly, let's join here.
Current Price= 0.08224
Buy Entry = 0.08217 - 0.07902
Take Profit= 0.08789 | 0.09418 | 0.09990
Stop Loss= 0.07443
Risk/Reward= 1:1.2 | 1:2.22 | 1:3.15
Expected Profit= +18.20% | +33.82% | +48.02%
Possible Loss= -15.22%
Fib. Retracement= 0.893 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 0.08224
Buy Entry = 0.08217 - 0.07902
Take Profit= 0.08789 | 0.09418 | 0.09990
Stop Loss= 0.07443
Risk/Reward= 1:1.2 | 1:2.22 | 1:3.15
Expected Profit= +18.20% | +33.82% | +48.02%
Possible Loss= -15.22%
Fib. Retracement= 0.893 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade active
All entries filledVeChain dipped and bounced as planned so far, let's keep it this way!
Trade closed: target reached
TP1 reached with +18.20% (2x) and +1.2RVeChain bounced nicely bringing up to +30.72% (2x), 2nd target was missed by 1.44% (0.00134$).
Then it retraced down and just lost 50MA local support, SL updated slightly below 2nd entry (0.07891$).
Trade closed: target reached
TP2 reached with +33.82% (2x) and +2.22RVeChain regained 50MA and bounced back, heading toward last target now 📈
Stop Loss moved up to 1st entry (0.08217$) as usual, enjoy the ride!
Trade closed: target reached
TP3 more than reached with +48.02% (2x) and +3.15RAll targets achieved for VeChain with up to +70.36% (2x), trade is fully closed now!
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