$ETC/USDT 3h (#BinanceFutures) Descending trendline breakout

١٨ يناير ٢٠٢٢

Ethereum Classic just regained 100EMA support and looks good for bullish continuation.

ethereumclassic.org/

Current Price= 32.650
Buy Entry= 32.535 - 31.579
Take Profit= 34.826 | 37.111 | 40.293
Stop Loss= 29.745

Risk/Reward= 1:1.2 | 1:2.19 | 1:3.56
Expected Profit= +25.92% | +47.31% | +77.07%
Possible Loss= -21.63%

Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 3x
Estimated Gain-time= 3 weeks

Contracts:
#Mainnet
#BEP20 0x3d6545b08693dae087e957cb1180ee38b9e3c25e
#BEP2 ETC-758

١٩ يناير ٢٠٢٢

تم فتح الصفقة

all entries filled

Ethereum Classic bounced almost hitting 1st target but got rejected and pulled back to demand zone, probably next attempt then!

١٠ فبراير ٢٠٢٢

أغلقت الصفقة: تم الوصول لوقف الخسارة

Ethereum Classic broke-down 3 weeks ago, SL was hit with -21.63% (3x) and -1R as you may know.

١٠ فبراير ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

TP1 would have been reached with +25.92% (3x) after all

If you were still holding or bought on Spot then you may consider reducing your position here!