$GTC/USDT 2h (Binance Fut.) Symmetrical triangle near breakdown

Gitcoin has been listed few days ago and is down-trending, let's join on 50MA rejection.
Current Price= 10.518
Sell Entry = 10.629 - 11.039
Take Profit= 9.535 | 8.655| 7.545
Stop Loss= 11.876
Risk/Reward= 1:1.25 | 1:2.09 | 1:3.16
Expected Profit= +23.98% | +40.22% | +60.72%
Possible Loss= -19.24%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 1 week
Current Price= 10.518
Sell Entry = 10.629 - 11.039
Take Profit= 9.535 | 8.655| 7.545
Stop Loss= 11.876
Risk/Reward= 1:1.25 | 1:2.09 | 1:3.16
Expected Profit= +23.98% | +40.22% | +60.72%
Possible Loss= -19.24%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 1 week
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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.