$WAVES/BTC 8h (Binance Spot) Descending channel breakout
Updated
Waves made an extra bullish breakout on HTF and LTF, this will propel it up hard in my opinion.
Luckily, it just pulled back to give us entry, so let's not miss that opportunity!
Current Price= 0.0001766
Buy Entry= 0.0001781 - 0.0001679
Take Profit= 0.0002319 | 0.0002692 | 0.0003108
Stop Loss= 0.0001452
Risk/Reward= 1:2.1 | 1:3.43 | 1:4.91
Expected Profit= +33.89% | +55.43% | +79.45%
Possible Loss= -16.17%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 720h
Luckily, it just pulled back to give us entry, so let's not miss that opportunity!
Current Price= 0.0001766
Buy Entry= 0.0001781 - 0.0001679
Take Profit= 0.0002319 | 0.0002692 | 0.0003108
Stop Loss= 0.0001452
Risk/Reward= 1:2.1 | 1:3.43 | 1:4.91
Expected Profit= +33.89% | +55.43% | +79.45%
Possible Loss= -16.17%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 720h
Trade closed: target reached
TP1 reached with +33.89% (1x) and 2.1RWaves took its time but it's certainly growing and accumulating, higher targets still in play!
I doubled the gain-time up to 1440h to avoid time-out since it's taking longer than expected.
Trade closed: target reached
TP2 reached with +55.43% (1x) and 3.43RWaves made it to second target yesterday then retested 50MA, still room to grow!
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