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Jan 12, 2022 4:36 PM

$TRB/USDT 12h (#BinanceFutures) Falling wedge breakout & retest Long

TRB / TetherUS PERPETUAL CONTRACTBinance

Description

Tellor Tributes seems to have found local bottom and looks ready for recovery towards 100EMA!

tellor.io/

Current Price= 31.58
Buy Entry= 30.78 - 28.46
Take Profit= 36.35 | 44.16 | 54.96
Stop Loss= 24.55

Risk/Reward= 1:1.33 | 1:2.87 | 1:5
Expected Profit= +22.72% | +49.09% | +88.55%
Possible Loss= -17.12%

Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 2 months


Contract:
#ERC20 0x88dF592F8eb5D7Bd38bFeF7dEb0fBc02cf3778a0

Trade active

First entry filled

Tellor Tributes is dipping to demand zone as planned so far, let's see if it can bounce back after.

Trade active

2nd & 3rd entries filled

Tellor Tributes dipped a bit more than planned, needs to bounce back soon in order to play out!

Trade closed: stop reached

SL hit with -17.12% (1x) and -1R

Tellor Tributes did not manage to bounce on trendline support and went down more.

Comments
Solldy
Nice one dear
Thanks !
TradingOn
@Solldy, my pleasure! ;)
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