Short
$WAVES/USDT 3D (#BinanceFutures) Ascending trendline retest
Waves Protocol made a new ATH, seems like nothing can stop it but we'll try again to catch the top.
Current Price= 62.848
Sell Entry = 62.894 - 70.383
Take Profit= 50.227 | 39.255 | 31.054
Stop Loss= 80.205
Risk/Reward= 1:1.2 | 1:2 | 1:2.6
Expected Profit= +24.53% | +41.01% | +53.34%
Possible Loss= -20.52%
Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 6 months
Current Price= 62.848
Sell Entry = 62.894 - 70.383
Take Profit= 50.227 | 39.255 | 31.054
Stop Loss= 80.205
Risk/Reward= 1:1.2 | 1:2 | 1:2.6
Expected Profit= +24.53% | +41.01% | +53.34%
Possible Loss= -20.52%
Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 6 months
Trade closed: target reached
TP1 reached with +24.53% (1x) and +1.2R🎯Waves Protocol finally retraced down after being overbought for weeks, we did well selling!
Road will be choppy now, SL adjusted to highest entry (70.383) to reduce the risk.
Trade closed: target reached
TP2 reached with +39.19% (1x) and +2RWaves Protocol continued with the retracement, even faster than expected!
RSI left overbought territory now, SL edited to lowest entry (62.894) to secure the trade.
Trade closed: target reached
TP3 reached with +51.94% (1x) and +2.6R🎯Waves Protocol went straight for final target, what a dump, trade is fully closed now!
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.
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.