$GTC/USDT 1D(Binance Futures)Symmetrical triangle break & retest

Gitcoin is pulling back towards 20EMA where we expect it to bounce back and resume bullish.

Current Price= 14.230
Buy Entry= 14.291 - 12.871
Take Profit= 19.385 | 26.290 | 36.045
Stop Loss= 10.672

Risk/Reward= 1:2 | 1:4.37 | 1:7.72
Expected Profit= +42.74% | +93.58% | +165.41%
Possible Loss= -21.42%

Fib. Retracement= 0.5 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months

gitcoin.co/

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SL hit with -21.42% and -1R

Gitcoin retraced more and bounced on 100EMA retest where we should have waited for it!