XTZ/USDTPERP 4H (Binance) Rising wedge about to break-out
Tezos is on dangerous support, if break-out is confirmed this would probably go down, so that's our short-term set-up:
Sell Entry= 1.995 - 1.925
Take Profit= 1.847 | 1.787 | 1.681
Stop Loss= 2.073
Risk/Reward= 1:1 | 1:1.53 | 1:2.47
Expected Profit= 28.85% | 44.15% | 71.15%
Possible Loss= -28.85%
Margin Leverage= 5x
Sell Entry= 1.995 - 1.925
Take Profit= 1.847 | 1.787 | 1.681
Stop Loss= 2.073
Risk/Reward= 1:1 | 1:1.53 | 1:2.47
Expected Profit= 28.85% | 44.15% | 71.15%
Possible Loss= -28.85%
Margin Leverage= 5x
Trade closed: target reached
TP1 was reached with +28.85% profit!
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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.