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$KSM/USDT 4h (Binance Fut.) Symmetrical triangle break & retest
KSM / TetherUS PERPETUAL CONTRACT
Long
$KSM/USDT 4h (Binance Fut.) Symmetrical triangle break & retest
By TradingOn
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Updated
Feb 2, 2021
0
Feb 1, 2021
Kusama broke-out of that triangle then pulled-back to support, time to enter!
Current Price= 99.003
Buy Entry= 99.099 - 96.083
Take Profit= 106.015 | 112.404 | 121.148
Stop Loss= 91.555
Risk/Reward= 1:1.4 | 1:2.45 | 1:3.9
Expected Profit= +17.26% | +30.36% | +48.28%
Possible Loss= -12.38%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 240h
Feb 2, 2021
Trade closed: target reached
TP1 with +17.26% and 1.4R
Kusama went up after reaching both entries, that's a great start!
Chart Patterns
Technical Indicators
KSM
KSMUSDT
kusama
Trend Analysis
TradingOn
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