$WAVES/USDT 4h (Binance Futures) Falling wedge breakout & retest
Waves Protocol is looking good again after bouncing back on historical support, let's catch next dip!
Current Price= 19.731
Buy Entry= 18.702 - 17.700
Take Profit= 21.777 | 25.521 | 29.442
Stop Loss= 15.810
Risk/Reward= 1:1.5 | 1:3.06 | 1:4.7
Expected Profit= +39.30% | +80.44% | +123.52%
Possible Loss= -26.28%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Websites: waves.tech waves.exchange wavesassociation.org
Current Price= 19.731
Buy Entry= 18.702 - 17.700
Take Profit= 21.777 | 25.521 | 29.442
Stop Loss= 15.810
Risk/Reward= 1:1.5 | 1:3.06 | 1:4.7
Expected Profit= +39.30% | +80.44% | +123.52%
Possible Loss= -26.28%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Websites: waves.tech waves.exchange wavesassociation.org
Trade active:
First entry filled
Waves Protocol dipped retesting the wedge and demand zone seems strong enough to resume bullish.
Waves Protocol dipped retesting the wedge and demand zone seems strong enough to resume bullish.
Trade active:
Second & third entries filled
Waves Protocol dipping and retesting the wedge again, it's now or never wavy..
Waves Protocol dipping and retesting the wedge again, it's now or never wavy..
Trade closed: stop reached:
SL hit with -34.36% (2x) and -1.3R
WavesProtocol went down hunting us anyway, definitely a tough time to trade futures.
WavesProtocol went down hunting us anyway, definitely a tough time to trade futures.
WavesProtocol kept diving, a bit some more space could help avoiding a stop hunt (or not.)