Long
$WAVES/BTC 3D (Binance Spot) Ascending channel on support
Waves is sitting on historical support and held by 200MA.
I believe it is the perfect place to enter a mid/long-term swing!
Current Price= 0.0001745
Buy Entry= 0.0001752 - 0.0001666
Take Profit= 0.0002697 | 0.0003796 | 0.0006457
Stop Loss= 0.0001312
Risk/Reward= 1:2.5 | 1:5.27 | 1:11.99
Expected Profit= +57.90% | +122.25% | +278.04%
Possible Loss= -23.19%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 8 months
I believe it is the perfect place to enter a mid/long-term swing!
Current Price= 0.0001745
Buy Entry= 0.0001752 - 0.0001666
Take Profit= 0.0002697 | 0.0003796 | 0.0006457
Stop Loss= 0.0001312
Risk/Reward= 1:2.5 | 1:5.27 | 1:11.99
Expected Profit= +57.90% | +122.25% | +278.04%
Possible Loss= -23.19%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 8 months
Trade active
Both entries filledWaves dipped as planned and support seems to be holding so far!
Trade closed: target reached
TP1 reached with +36.07% (1x) and +1.56RWaves pumped nicely, we modified the targets a bit lower than planned to secure some profit!
Trade closed: target reached
TP2 reached with +83.43% (1x) and +3.6RWaves broke 50MA and is retesting it right now, seems to be a good opportunity to partially buy back here!
Trade closed: target reached
TP3 reached with +180.44% (1x) and +7.78RSuch an accuracy on Waves bringing huge profit, even faster than expected.
If you joined late on that buy back recall, it's already up 93% as well 🤩
Trade closed: target reached
Kept going up almost hitting original TP3 with +278% (1x)Let's have a look Waves targets before update, seems like they were not too high after all! 📈
Time to take more profit and wait for a possible re-entry later.
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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.
Related publications
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.