XTZ/USDT 8H (Binance Fut) Possible pullback down to rising wedge
After reaching last target longing Tezos vs Bitcoin, it looks ready to retrace in TetherUS.
I'm expected at least a decent pullback. maybe down to the rising wedge which broke-out few days ago:
Sell Entry= 2.720 - 2.780
Take Profit= 2.633 | 2.569 | 2.468
Stop Loss= 2.873
Risk/Reward= 1:1 | 1:1.48 | 1:2.29
Expected Profit= 22.35% | 33.10% | 51.25%
Possible Loss= -22.35%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 5x
I'm expected at least a decent pullback. maybe down to the rising wedge which broke-out few days ago:
Sell Entry= 2.720 - 2.780
Take Profit= 2.633 | 2.569 | 2.468
Stop Loss= 2.873
Risk/Reward= 1:1 | 1:1.48 | 1:2.29
Expected Profit= 22.35% | 33.10% | 51.25%
Possible Loss= -22.35%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 5x
Comment:
TimeFrame is 2H not 8H, sorry I had to publish it fast!
Comment:
Also targets are slightly distinct than mentioned above, here goes the right ones:
Take Profit= 2.627 | 2.568 | 2.468
Take Profit= 2.627 | 2.568 | 2.468
Trade closed: target reached:
That was fast, TP1 reached, first it was missed by 0.002 😅 but now it was hit well.
Take some profit here and keep holding the rest of the position guys and girls!
Take some profit here and keep holding the rest of the position guys and girls!
