Long
$SRM/USDT 4h (Binance Futures) Falling wedge breakout

Serum just regained 50MA support and looks ready for bullish continuation after a last retest.
Current Price= 5.724
Buy Entry= 5.735 - 5.479
Take Profit= 6.773 | 7.804 | 9.597
Stop Loss= 4.939
Risk/Reward= 1:1.75 | 1:3.29 | 1:5.97
Expected Profit= +41.60% | +78.36% | +142.32%
Possible Loss= -23.82%
Fib. Retracement= 0.559 | 0.786 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Current Price= 5.724
Buy Entry= 5.735 - 5.479
Take Profit= 6.773 | 7.804 | 9.597
Stop Loss= 4.939
Risk/Reward= 1:1.75 | 1:3.29 | 1:5.97
Expected Profit= +41.60% | +78.36% | +142.32%
Possible Loss= -23.82%
Fib. Retracement= 0.559 | 0.786 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Related publications
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.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Related publications
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.