Long
$WAVES/USDT 1h (#BinanceFutures) Falling wedge breakout
Waves Protocol is downtrending for a while but seems to finally be showing some reversal signs!
Current Price= 15.824
Buy Entry = 15.876 - 15.353
Take Profit= 17.166 | 18.318 | 19.537
Stop Loss= 14.259
Risk/Reward= 1:1.15 | 1:2 | 1:2.9
Expected Profit= +19.88% | +34.64% | +50.24%
Possible Loss= -17.36%
Fib. Retracement= 0.382 | 0.441 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 1 week
Tags: #WAVES #WAVESUSDT #WavesTech #Web3 #LPoS #Staking #SC #DEx #WavesExchange #WX
Websites: waves.tech wavesassociation.org waves.exchange
Contract:
#Mainnet
Current Price= 15.824
Buy Entry = 15.876 - 15.353
Take Profit= 17.166 | 18.318 | 19.537
Stop Loss= 14.259
Risk/Reward= 1:1.15 | 1:2 | 1:2.9
Expected Profit= +19.88% | +34.64% | +50.24%
Possible Loss= -17.36%
Fib. Retracement= 0.382 | 0.441 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 1 week
Tags: #WAVES #WAVESUSDT #WavesTech #Web3 #LPoS #Staking #SC #DEx #WavesExchange #WX
Websites: waves.tech wavesassociation.org waves.exchange
Contract:
#Mainnet
Trade active
2/3 entries filledWaves Protocol dipped to demand zone then bounced back almost hitting 1st target!
Trade closed: stop reached
SL was hit with -17.36% (2x) and -1RWavesProtocol could not stay above support and resumed the correction after all.
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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.