$DYDX/USDT 1h (Binance Futures) Descending channel breakout

dYdX is starting to show reversal signs and has formed a symmetrical triangle, let's long here!
More information about that new DeFi governance token on dydx.community
Current Price= 12.438
Buy Entry = 12.248 - 11.832
Take Profit= 13.226 | 14.066 | 14.961
Stop Loss= 11.088
Risk/Reward= 1:1.25 | 1:2.13 | 1:3.07
Expected Profit= +19.70% | +33.66% | +48.52%
Possible Loss= -15.82%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 5 days
More information about that new DeFi governance token on dydx.community
Current Price= 12.438
Buy Entry = 12.248 - 11.832
Take Profit= 13.226 | 14.066 | 14.961
Stop Loss= 11.088
Risk/Reward= 1:1.25 | 1:2.13 | 1:3.07
Expected Profit= +19.70% | +33.66% | +48.52%
Possible Loss= -15.82%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 5 days
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.