$MASK/USDT 4h (Binance Futures) Broadening wedge break & retest
Mask Network bounced back and just regained both 50MA & 200MA, let's give it another go here!
Current Price= 10.2170
Buy Entry = 10.2471 - 9.9007
Take Profit= 11.5529 | 12.9695 | 15.0620
Stop Loss= 9.0847
Risk/Reward= 1:1.5 | 1:2.93| 1:4.72
Expected Profit= +29.36% | +57.48% | +99.04%
Possible Loss= -19.64%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 10.2170
Buy Entry = 10.2471 - 9.9007
Take Profit= 11.5529 | 12.9695 | 15.0620
Stop Loss= 9.0847
Risk/Reward= 1:1.5 | 1:2.93| 1:4.72
Expected Profit= +29.36% | +57.48% | +99.04%
Possible Loss= -19.64%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade active
Both entries filledMask Network is still holding support, waiting patiently for the big bounce now.
Trade closed: target reached
TP3 reached with +99.04% (2x) and +5.04RAfter almost kicking us out, Mask Network bounced back and legged up strong achieving all targets at once!
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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.