$COIN/USD 1D (#FTX) Falling broadening wedge breakout and retest

⚡️⚡️ #COIN/USD ⚡️⚡️
Exchanges: FTX
Signal Type: Regular

Current Price:
170.00

Entry Zone:
169.85 - 156.51

Take-Profit Targets:
1) 213.23
2) 261.47
3) 309.71

Stop Targets:
1) 122.98

Published By: @TradingOn

Coinbase is pulling back to previous support, acting as strong demand zone.

Risk/Reward= 1:1.25 | 1:2.45 | 1:3.65
Expected Profit= +30.68% | +60.24% | +89.80%
Possible Loss= -24.64%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3.5 months

Tags: #COINUSD #Crypto #Tokenized #Stock #Nasdaq

Website: www.coinbase.com/

Trade closed: stop reached:

SL was hit with -24.64% and -1R🛑

Coinbase lost support and entered back inside the wedge, stopping us out.