$DENT/USDT 4h (Binance Futures) Bull-pennant breakout
Let's give Dent another try here after that bullish breakout, looks ready for another leg-up!
Current Price= 0.011601
Buy Entry = 0.011405 - 0.010785
Take Profit= 0.013911 | 0.017053 | 0.020269
Stop Loss= 0.009687
Risk/Reward= 1:2 | 1:4.23 | 1:6.52
Expected Profit= +50.76% | +107.40% | +165.38%
Possible Loss= -25.38%
Fib. Retracement= 1.272 | 2 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 0.011601
Buy Entry = 0.011405 - 0.010785
Take Profit= 0.013911 | 0.017053 | 0.020269
Stop Loss= 0.009687
Risk/Reward= 1:2 | 1:4.23 | 1:6.52
Expected Profit= +50.76% | +107.40% | +165.38%
Possible Loss= -25.38%
Fib. Retracement= 1.272 | 2 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade active:
All entries filled
Dent dipped as planned so far, let's wait for the bounce on 50MA now 🤞🏼
Dent dipped as planned so far, let's wait for the bounce on 50MA now 🤞🏼
Trade closed: stop reached:
SL hunted with -25.38% (2x) and -1R
Seems like Dent is not willing to give us profit, did not bounce and turned out to be a fake-out.
Let's not give up, its time will come and I hope we'll be in, targets are still valid obviously but would probably take longer than expected!
Seems like Dent is not willing to give us profit, did not bounce and turned out to be a fake-out.
Let's not give up, its time will come and I hope we'll be in, targets are still valid obviously but would probably take longer than expected!
