$REEF/USDT 4h (Binance Futures) Symmetrical triangle breakout Long

REEF / TetherUS PERPETUAL CONTRACTBinance

Description

⋅ Sep 1, 2021 2:13 PM

Reef.finance broke bullish and is retesting 50MA & triangle support, good for a bounce even more since it's part of Polkadot Ecosystem!

Current Price= 0.024232
Buy Entry = 0.024250 - 0.023780
Take Profit= 0.025543 | 0.026770 | 0.028395
Stop Loss= 0.022779

Risk/Reward= 1:1.25 | 1:2.24 | 1:3.56
Expected Profit= +25.52% | +46.00% | +73.04%
Possible Loss= -20.52%

Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 2 weeks

Trade closed: target reached

⋅ Sep 2, 2021 9:27 AM

TP1 reached with +25.52% (4x) and +1.25R

Reef.finance instantly bounced back bringing nice profit on that quick scalp!
Higher targets are still in play, SL moved to lowest entry as usual (0.023780$).

Trade closed: target reached

⋅ Sep 6, 2021 2:23 PM

TP3 reached with +73.04% (4x) and +3.56R

All targets achieved for Reef Finance and even more with up to +94.52% (using 4x leverage).
Trade is closed but you can see how strong it just reacted on last dip to 50MA, bulls are in charge!