TradingOn

DEFI/USDT 2h (Binance Fut.) Ascending triangle breakout & retest

Long
TradingOn Updated   
BINANCE:DEFIUSDT.P   DEFI / TetherUS PERPETUAL CONTRACT
DeFi is looking for bullish continuation here in my opinion, let's give it a try!

Current Price= 544.9
Buy Entry= 546.8 - 524.8
Take Profit= 583.7 | 623.8 | 671.5
Stop Loss= 487.9

Risk/Reward= 1:1 | 1:1.84 | 1:2.83
Expected Profit= +8.94% | +16.42% | +25.33%
Possible Loss= -8.94%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 180h

Trade active:
All entries filled as well

DeFi bounced on Trend Line as expected, that is quite positive!

Trade closed: target reached:
TP3 reached with +25.33% (1x)

That was a nice ride for #DeFi, I'm glad we were onboard during this uptrend!


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