YFI/BTC 6h (Binance Spot) Symmetrical triangle near breakout
Yearn.Finance is about to break out of that triangle and it seems very probable to be upwards!
Current Price= 1.34804
Buy Entry= 1.36561 - 1.30761
Take Profit= 1.50850 | 1.64900 | 1.84751
Stop Loss= 1.16472
Risk/Reward= 1:1 | 1:1.82 | 1:2.97
Expected Profit= +12.86% | +23.37% | +38.22%
Possible Loss= -12.86%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Current Price= 1.34804
Buy Entry= 1.36561 - 1.30761
Take Profit= 1.50850 | 1.64900 | 1.84751
Stop Loss= 1.16472
Risk/Reward= 1:1 | 1:1.82 | 1:2.97
Expected Profit= +12.86% | +23.37% | +38.22%
Possible Loss= -12.86%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade closed: target reached
TP2 reached with +23.37& (1x)Big breakout for Yearn Finance, so nice to have bought the local bottom!
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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.