VET/USDT 8H (Binance Fut.) Ascending channel & triangle
Updated
VeChain's chart is looking different in TetherUS but could totally make one more impulse.
Keep an eye on the pair in satoshi and be ready for bullish scenario:
Buy Entry= 0.004170 - 0.004010
Take Profit= 0.004484 | 0.004965 | 0.005488
Stop Loss= 0.003696
Risk/Reward= 1:1 | 1:2.22 | 1:3.55
Expected Profit= 28.89% | 64.17% | 102.54%
Possible Loss= -28.89%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 3x
Keep an eye on the pair in satoshi and be ready for bullish scenario:
Buy Entry= 0.004170 - 0.004010
Take Profit= 0.004484 | 0.004965 | 0.005488
Stop Loss= 0.003696
Risk/Reward= 1:1 | 1:2.22 | 1:3.55
Expected Profit= 28.89% | 64.17% | 102.54%
Possible Loss= -28.89%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 3x
Trade active
1/3 entries filled.Trade closed: target reached
TP1 with +28.89% (3x) 🎯Note
Went back down to entry and bounce again to first target, if this isn't accuracy, you tell me... 😜 Other targets still valid, the VET/BTC pair is preparing for a move up also. But don't forget to take some profit here!
Trade closed: target reached
TP2 with +64.17% for the dollar pair in Futures (3x).Last target is still valid, will depend on VET/BTC next move!
Note
Of course it will also depend on BTC/USDT pair, but as long as the channel is respected we should keep going up and break the ascending triangle:Trade closed: target reached
And that's a wrap, TP3 with +102.54% using only 3x margin leverage, I hope you were holding with me the whole time 🔥Ascending triangle broke-out yesterday then price action got rejected on mid-line channel as expected.
Support is about to be retested right now, so it could go higher after that but I took profit and will wait for a new entry soon!
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