Long
$WAVES/USDT 1h (Binance Fut) Descending trendline break & retest
Waves Protocol is looking good for a bounce here, let's give it another go!
That blockchain platform is also part of the Solana Ecosystem, more information on waves.tech
Current Price= 23.111
Buy Entry = 23.142 - 22.732
Take Profit= 24.367 | 25.494 | 27.989
Stop Loss= 22.939
Risk/Reward= 1:1.2 | 1:2.14 | 1:3.02
Expected Profit= +18.69% | +33.45% | +47.22%
Possible Loss= -15.63%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 1 week
That blockchain platform is also part of the Solana Ecosystem, more information on waves.tech
Current Price= 23.111
Buy Entry = 23.142 - 22.732
Take Profit= 24.367 | 25.494 | 27.989
Stop Loss= 22.939
Risk/Reward= 1:1.2 | 1:2.14 | 1:3.02
Expected Profit= +18.69% | +33.45% | +47.22%
Possible Loss= -15.63%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 1 week
Trade active
Both entries filledWaves Protocol bounced very nicely this time with up to +15.03% (3x), almost hitting first target, will get there later eventually!
Trade closed: target reached
TP2 reached with +33.45% (3x) and +2.14RWaves Protocol pumped very nicely almost hitting last target, let's update it higher to 27.259$, SL edited to 1st entry (23.142$)
Trade closed: target reached
TP3 reached with +56.52% (3x) and +3.61RWaves Protocol went up higher hitting (updated) last target, up to +71.94% (3x) from average entry.
Trade is fully closed in Futures but 100EMA is still supporting the uptrend so we keep holding a bag in Spot.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.