$MKR/USDT 8h (Binance Futures) Ascending triangle on support
تم تحديثه
#Maker DAO is looking ready for a big move up like his little brother Compound already did.
On lower Time Frame we can see an ascending channel forming as well, this could lead the way up if doesn't pull-back more.
Current Price= 544.91
Buy Entry= 544.80 - 534.00
Take Profit= 561.69 | 586.21 | 617.15
Stop Loss= 517.11
Risk/Reward= 1:1 | 1:2.68 | 1:4.21
Expected Profit= +8.26% | +17.36% | +28.82%
Possible Loss= -8.26%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 720h
On lower Time Frame we can see an ascending channel forming as well, this could lead the way up if doesn't pull-back more.
Current Price= 544.91
Buy Entry= 544.80 - 534.00
Take Profit= 561.69 | 586.21 | 617.15
Stop Loss= 517.11
Risk/Reward= 1:1 | 1:2.68 | 1:4.21
Expected Profit= +8.26% | +17.36% | +28.82%
Possible Loss= -8.26%
Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 720h
تم فتح الصفقة
All entries filled#Maker went down as expected, it would be nice to see a bull reaction soon!
I redrew a bit the parallel channel, still seems valid to me, time to wait now.
أغلقت الصفقة: تم الوصول لوقف الخسارة
Stopped out with -8.26% (2x) from average entry#Maker wasn't ready to go up yet, we'll probably see 500$ or near then.
I'll try again next week if goes down there and show some reversal sign!
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.