$MANA/USDT 90m (#BinanceFutures) Falling wedge breakout & retest
Decentraland regained 50MA suppoprt and is retesting it right now, good place to bounce back.
decentraland.org/
Current Price= 3.1824
Buy Entry= 3.1831 - 3.0740
Take Profit= 3.5229 | 3.7873 | 4.1589
Stop Loss= 2.8647
Risk/Reward= 1:1.5 | 1:2.5 | 1:3.91
Expected Profit= +25.22% | +42.12% | +65.88%
Possible Loss= -16.86%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 10 days
decentraland.org/
Current Price= 3.1824
Buy Entry= 3.1831 - 3.0740
Take Profit= 3.5229 | 3.7873 | 4.1589
Stop Loss= 2.8647
Risk/Reward= 1:1.5 | 1:2.5 | 1:3.91
Expected Profit= +25.22% | +42.12% | +65.88%
Possible Loss= -16.86%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active:
All entries filled
Decentraland bounced nicely but not enough to reach target yet, let's be patient enough.
Decentraland bounced nicely but not enough to reach target yet, let's be patient enough.
Trade closed: stop reached:
SL hit with -16.86% (2x) and -1R
#Decentraland lost 50MA support and dipped more but still looks locally bottomed, we'll try again later!
#Decentraland lost 50MA support and dipped more but still looks locally bottomed, we'll try again later!
