$DEFI/USDT 4h (Binance Futures) Descending channel on support

Let's give DeFi composite index another chance to bounce and resume bullish!

Current Price= 1386.7
Buy Entry= 1364.3 - 1300.1
Take Profit= 1533.5 | 1769.4 | 2066.6
Stop Loss= 1148.4

Risk/Reward= 1:1.1 | 1:2.38 | 1:4
Expected Profit= +15.11% | +32.82% | +55.13%
Possible Loss= -13.80%

Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 weeks

أغلقت الصفقة: تم الوصول لوقف الخسارة:

SL hit with -13.80% and -1R

DeFi broke-down the channel and stop hunted us on that wick down, too bad 😔