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Aug 31, 2020 9:17 AM

VET/USDT 3h (Binance Futures) Descending channel breakout Long

VeChain / TetherUS PERPETUAL CONTRACTBinance

Description

VeChain is looking bullish again and I'm expecting it to keep going up.
We enter the trade just in time, now it already left Buy zone so you could wait for it to add more or enter now if you missed out.

Current Price= 0.017973
Buy Entry= 0.017800 - 0.017290
Take Profit= 0.018745 | 0.019688 | 0.021085
Stop Loss= 0.016345

Risk/Reward= 1:1 | 1:1.79 | 1:2.95
Expected Profit= +27.36% | +48.84% | +80.72%
Possible Loss= -27.36%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 240h

Comment

This was when I published in my telegram channel @TradingOnLow

Trade closed: stop reached

Stopped out with -27.36% using 4x
Seems like it was a fake-out after all, we'll wait for the next one.
Too bad the first target was missed by 0.00029$, that was so close!
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