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$CRV/USDT 2h (Binance Futures) Descending channel breakout
CRV / TetherUS PERPETUAL CONTRACT
Long
$CRV/USDT 2h (Binance Futures) Descending channel breakout
By TradingOn
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Updated
Jul 22, 2021
3
Cheer
Cheer
4
4
Jul 21, 2021
Curve DAO broke-out and looks good for bullish continuation, let's enter on a small pull-back.
Current Price= 1.441
Buy Entry = 1.403 - 1.369
Take Profit= 1.499 | 1.596 | 1.699
Stop Loss= 1.292
Risk/Reward= 1:1.2 | 1:2.23 | 1:3.33
Expected Profit= +16.30% | +30.30% | +45.16%
Possible Loss= -13.56%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 1 week
Jul 22, 2021
Trade active
First entry filled
Curve dipped as planned and is now heading toward first target 📈
Jul 22, 2021
Trade closed: target reached
TP1 reached with +16.30% (2x) and +1.2R
Here you go Curve, probably more up-trend to come, SL moved to 2nd entry in any case (1.369$).
Jul 26, 2021
Trade closed: target reached
TP3 reached with +45.16% (2x) and +3.33R
That's a wrap for Curve DAO, all targets achieved even faster than expected!
binance
CRV
crvusdt
curve
curvedao
dao
decentralizedfinance
DEFI
futures
Moving Averages
Parallel Channel
Support and Resistance
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