Short
$ALPHA/USDT 4h (Binance Futures) Ascending channel breakdown

Alpha Finance Lab lost 100EMA support and broke the up-trend, let's join the local down-trend after that retest.
Current Price= 1.1485
Sell Entry = 1.1633 - 1.2221
Take Profit= 1.0405 | 0.9553 | 0.8962
Stop Loss= 1.2945
Risk/Reward= 1:1.25 | 1:2 | 1:2.74
Expected Profit= +15.99% | +25.62% | +37.48%
Possible Loss= -12.84%
Fib. Retracement= 0.382| 0.618| 0.893
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 1.1485
Sell Entry = 1.1633 - 1.2221
Take Profit= 1.0405 | 0.9553 | 0.8962
Stop Loss= 1.2945
Risk/Reward= 1:1.25 | 1:2 | 1:2.74
Expected Profit= +15.99% | +25.62% | +37.48%
Possible Loss= -12.84%
Fib. Retracement= 0.382| 0.618| 0.893
Margin Leverage= 2x
Estimated Gain-time= 10 days
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Related publications
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.