TradingOn

$WAVES/USDT 1D (#BinanceFutures) Descending trendline retest

Long
TradingOn Updated   
BINANCE:WAVESUSDT.P   Waves / TetherUS PERPETUAL CONTRACT
Waves Protocol pulled back to 50MA where we expect a bounce, at least a dead-cat one!

Current Price= 27.393
Buy Entry = 27.408 - 24.380
Take Profit= 34.158 | 40.381 | 46.605
Stop Loss= 18.979

Risk/Reward= 1:1.2 | 1:2 | 1:3
Expected Profit= +31.92% | +55.95% | +79.99%
Possible Loss= -26.71%

Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 2-3 months

Tags: #WAVES #WAVESUSDT #WavesTech #Web3 #LPoS #Staking #SC #DEx #WavesExchange #WX

Websites: waves.tech wavesassociation.org waves.exchange

Contract:
#Mainnet
Trade active:
All entries filled

WavesProtocol has dipped to 100EMA support, time to patiently wait for the bounce back now.

Trade closed: stop reached:
SL hit with -26.71% (1x) and -1R

Waves Protocol continued with the downtrend, seems like we tried to catch it back too early.
Already made -70% from ATH and RSI almost oversold, we'll re-enter on the next big dip if we got that chance!


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