$MANA/USDT 90m (#BinanceFutures) Falling wedge breakout & retest
Updated
Decentraland regained 50MA suppoprt and is retesting it right now, good place to bounce back.
decentraland.org/
Current Price= 3.1824
Buy Entry= 3.1831 - 3.0740
Take Profit= 3.5229 | 3.7873 | 4.1589
Stop Loss= 2.8647
Risk/Reward= 1:1.5 | 1:2.5 | 1:3.91
Expected Profit= +25.22% | +42.12% | +65.88%
Possible Loss= -16.86%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 10 days
decentraland.org/
Current Price= 3.1824
Buy Entry= 3.1831 - 3.0740
Take Profit= 3.5229 | 3.7873 | 4.1589
Stop Loss= 2.8647
Risk/Reward= 1:1.5 | 1:2.5 | 1:3.91
Expected Profit= +25.22% | +42.12% | +65.88%
Possible Loss= -16.86%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active
All entries filledDecentraland bounced nicely but not enough to reach target yet, let's be patient enough.
Trade closed: stop reached
SL hit with -16.86% (2x) and -1R#Decentraland lost 50MA support and dipped more but still looks locally bottomed, we'll try again later!
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