TradingOn

$DEFI/USDT 3h (Binance Futures) Ascending triangle breakout

Long
TradingOn Updated   
BINANCE:DEFIUSDT.P   DEFI / TetherUS PERPETUAL CONTRACT
DeFi index is breaking bullish, good for the market, let's enter on a retest.

Current Price= 3069.7
Buy Entry = 3048.8 - 3002.8
Take Profit= 3188.3 | 10.8064 | 12.0778
Stop Loss= 2896.0

Risk/Reward= 1:1.4 | 1:2.62 | 1:4.89
Expected Profit= +21.44% | +45.32% | +73.28%
Possible Loss= -17.20%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 4x
Estimated Gain-time= 10 days
Trade active:
Both entries filled

DeFi almost hit first target then dipped down to 2nd entry.

Trade closed: target reached:
TP1 reached with +21.44% (4x) and +1.4R

DeFi perfectly bounced after that pull back, nice profit and probably more to come!

Trade closed: target reached:
TP1 reached with +45.32% (4x) and +2.62R

DeFi is surely hyped and pushed higher, last target is still in play!


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