TradingOn

$MASK/USDT 4h (Binance Futures)Falling broadening wedge breakout

Long
TradingOn Updated   
BINANCE:MASKUSDT.P   MASK / TetherUS PERPETUAL CONTRACT
Mask Network has regained 200MA support and is looking good for a bounce after that pull back!
More information about this decentralized portal also working on BSC and Polygon Ecosystem on mask.io/

Current Price= 10.3914
Buy Entry = 10.4861 - 10.1051
Take Profit= 11.5529 | 12.9695 | 15.0620
Stop Loss= 9.2858

Risk/Reward= 1:1.25 | 1:2.65| 1:4.72
Expected Profit= +24.42% | +51.94% | +92.60%
Possible Loss= -19.62%

Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade closed: target reached:
TP1 reached with +24.42% (2x) and +1.25R

Mask Network instantly pumped bringing fast profit, SL updated to lowest entry (10.1051$).

Trade closed manually:
Remaining position was closed with -3.70% (2x) and -0.19R

Mask Network did not manage to stay above 200MA support and went down revisiting the wedge.


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