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

Short
BINANCE:ALPHAUSDTPERP   ALPHA / TetherUS PERPETUAL FUTURES
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
Trade closed: target reached: TP1 reached with +25.52% (2x) and +1.5R

Alpha Finance Lab retested supply zone before diving again as expected, that was precise!
SL moved down to highest entry (1.2221$) to lock the set-up and enjoy the profit.

Trade closed: target reached: TP2 reached with +39.80% (2x) and +1.5R

Alpha went for 2nd target in the end, unfortunately we got kicked out at 2nd entry by the PC bot.
Congrats if you were still holding, in that case we recommend to move SL to 1st entry (1.1633$)

Trade closed: target reached: TP3 reached with +55.62% (2x) and +3.26R

Alpha Finance Lab went for last target bringing quite a nice profit for the most patient ones!

Always manage risk accordingly and respect leverage!

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