$DOT/USDT 12h (Binance Futures) Symmetrical triangle breakout
Polkadot has broken out of that triangle/pennant, let's wait for 50MA retest to enter!
Current Price= 38.009
Buy Entry= 36.742 - 35.160
Take Profit= 41.957 | 48.976 | 57.628
Stop Loss= 31.934
Risk/Reward= 1:1.5 | 1:3.24 | 1:5.4
Expected Profit= +33.42% | +72.46% | +120.60%
Possible Loss= -22.34%
Fib. Retracement= 1.272 | 2 | 2.764
Margin Leverage= 2x
Estimated Gain-time= 1 month
Current Price= 38.009
Buy Entry= 36.742 - 35.160
Take Profit= 41.957 | 48.976 | 57.628
Stop Loss= 31.934
Risk/Reward= 1:1.5 | 1:3.24 | 1:5.4
Expected Profit= +33.42% | +72.46% | +120.60%
Possible Loss= -22.34%
Fib. Retracement= 1.272 | 2 | 2.764
Margin Leverage= 2x
Estimated Gain-time= 1 month
Trade active
All entries filledPolkadot finally dipped and we are in, no time to lose patience!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.