$LUNA/USDT 3h (Binance Futures) Descending triangle breakout
Updated
Terra is looking good for another leg-up here after that small breakout.
Current Price= 6.224
Buy Entry= 6.260 - 5.850
Take Profit= 7.635 | 9.153 | 11.539
Stop Loss= 4.795
Risk/Reward= 1:1.25 | 1:2.46 | 1:4.35
Expected Profit= +26.09% | +51.16% | +90.57%
Possible Loss= -20.81%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 10 days
Current Price= 6.224
Buy Entry= 6.260 - 5.850
Take Profit= 7.635 | 9.153 | 11.539
Stop Loss= 4.795
Risk/Reward= 1:1.25 | 1:2.46 | 1:4.35
Expected Profit= +26.09% | +51.16% | +90.57%
Possible Loss= -20.81%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active
First entry filledTerra moving-up as planned so far, road to first target now!
Trade closed: target reached
TP1 reached with +26.09% (1x) and +1.25RTerra made it to first target and is likely to keep up! SL moved to 2nd entry as usual (5.850$).
Trade closed: target reached
TP3 would have been reached with +90.57 (1x)Remember that call for Terra from 2 months ago ?
Well too bad it hit SL after TP1 but if you were holding in Spot, nice reward!
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