Long

$HNT/USDT 3h (Binance Fut.) Symmetrical triangle break & retest

Updated
Helium has broken out bullish and is retesting 50MA, a bounce here is likely to resume the up-trend!

Current Price= 22.830
Buy Entry = 22.905 - 22.251
Take Profit= 24.650 | 26.668 | 29.790
Stop Loss= 20.979

Risk/Reward= 1:1.3 | 1:2.56 | 1:4.51
Expected Profit= +27.54% | +54.33% | +95.82%
Possible Loss= -21.24%

Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 3x
Estimated Gain-time= 10 days
Trade active
All entries filled

Helium revisited 100EMA and bounced nicely, road to targets now it seems!

snapshot
Trade closed: target reached
TP1 reached with +27.54% (3x) and +1.3R

Helium pumped to first target then revisited the first entry, 100EMA is holding the up-trend, more continuation is likely!
Stop Loss edited to 2nd entry (22.251$) just in case it suddenly breaks down but market still looks bullish.

snapshot
binancebullishretestfuturesheliumHNTHNTUSDTinternetofthingsIOTMoving AveragesproofofworkSupport and ResistanceTriangle

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