$WAVES/USDT 2D (Binance Futures) Big bull pennant on support
Updated
Waves Protocol is likely to bounce on demand zone and resume bullish mid-term, let's give it a chance!
Current Price= 15.183
Buy Entry= 15.230 - 13.730
Take Profit= 19.718 | 24.448 | 34.640
Stop Loss= 11.855
Risk/Reward= 1:2 | 1:3.8 | 1:7.68
Expected Profit= +36.17% | +68.84% | +139.23%
Possible Loss= -18.13%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 6 months
Current Price= 15.183
Buy Entry= 15.230 - 13.730
Take Profit= 19.718 | 24.448 | 34.640
Stop Loss= 11.855
Risk/Reward= 1:2 | 1:3.8 | 1:7.68
Expected Profit= +36.17% | +68.84% | +139.23%
Possible Loss= -18.13%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 6 months
Trade active
First entry filledWaves Protocol instantly bounced back with up to +23.81% (1x) so far, what a nice timing!
Trade closed: target reached
TP1 reached with +30.98% (1x) and +2RWavesP rotocol bounced hard and is about to break the downtrend, nice to see it outperforming the market!
Better not be too greedy and update the Stop Loss to lowest entry (13.730$) in case it got rejected on 100EMA.
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