$WAVES/USDT 4h (Binance Futures) Ascending channel on midline
Updated
Waves Protocol is up-trending and looks ready to break-out of that parallel channel after regaining 50MA.
Current Price= 29.839
Buy Entry = 30.116 - 28.846
Take Profit= 33.399 | 36.598 | 40.152
Stop Loss= 26.861
Risk/Reward= 1:1.5 | 1:2.72 | 1:4.07
Expected Profit= +26.58% | +48.28% | +72.40%
Possible Loss= -17.78%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 29.839
Buy Entry = 30.116 - 28.846
Take Profit= 33.399 | 36.598 | 40.152
Stop Loss= 26.861
Risk/Reward= 1:1.5 | 1:2.72 | 1:4.07
Expected Profit= +26.58% | +48.28% | +72.40%
Possible Loss= -17.78%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade closed: target reached
TP1 reached with +26.58% (2x) and +1.5RWaves Protocol went for 1st target twice and will probably go for it again, higher targets are surely in play!
SL was adjusted to 2nd entry (28.946$) as the PC bot usually do to protect profit.
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