$KSM/USDT 2h (Binance Futures) Desending wedge breaking out
Updated
Kusama is looking bullish again after that break-out, let's enter here!
Current Price= 224.844
Buy Entry= 225.523 - 220.523
Take Profit= 241.768 | 273.560 | 299.970
Stop Loss= 207.968
Risk/Reward= 1:1.25 | 1:3.36 | 1:5.11
Expected Profit= +25.20% | +67.98% | +103.50%
Possible Loss= -20.25%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 10 days
Current Price= 224.844
Buy Entry= 225.523 - 220.523
Take Profit= 241.768 | 273.560 | 299.970
Stop Loss= 207.968
Risk/Reward= 1:1.25 | 1:3.36 | 1:5.11
Expected Profit= +25.20% | +67.98% | +103.50%
Possible Loss= -20.25%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 10 days
Trade active
All entries filledKusama first bounced then pulled back inside the wedge/triangle, but still looks promising to me.
Trade closed: target reached
TP1 reached with +25.20% (3x) and 1.25RKusama perfectly respected the demand zone then finally went up to first target and a bit more.
Now it is pulling back but I am still expecting others to be hit later, we are definitely bullish!
Anyway, Stop Loss moved to 2nd entry (220.523$) as always (the PC bot does it automatically).
Trade closed: target reached
TP2 reached with +67.98% (3x) and +3.36RAfter revisiting the entry zone, Kusama pumped again, stronger this time.
Fortunately, I managed to lower the 2nd entry on time with the PC bot to avoid being Stopped at BE (Break-Even).
Trade closed: target reached
TP3 with +103.50% (3x) and +5.11RThat's a wrap for Kusama, all targets reached and even more, trade is closed now, enjoy that massive profit!
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