$MASK/USDT 4h (Binance Futures) Descending channel breakout
Updated
Mask Network has regained 50MA support and seems ready to resume the up-trend here.
Current Price= 13.4023
Buy Entry= 13.4332 - 12.6330
Take Profit= 16.8294 | 20.0993 | 25.2967
Stop Loss= 10.4938
Risk/Reward= 1:1.5 | 1:2.78 | 1:4.83
Expected Profit= +29.13% | +54.22% | +94.10%
Possible Loss= -19.48%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
mask.io/
Current Price= 13.4023
Buy Entry= 13.4332 - 12.6330
Take Profit= 16.8294 | 20.0993 | 25.2967
Stop Loss= 10.4938
Risk/Reward= 1:1.5 | 1:2.78 | 1:4.83
Expected Profit= +29.13% | +54.22% | +94.10%
Possible Loss= -19.48%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
mask.io/
Trade active
All entries filledMaskNetwork dipping as planned so far, a bounce would be much appreciated now.
Trade closed: stop reached
SL hit with -19.48% (1x) and -1RMaskNetwork bull-trapped us, it was a clear rising wedge after all and we should have seen that...
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