YFI/BTC 6h (Binance Spot) Symmetrical triangle near breakout
Updated
Yearn.Finance is about to break out of that triangle and it seems very probable to be upwards!
Current Price= 1.34804
Buy Entry= 1.36561 - 1.30761
Take Profit= 1.50850 | 1.64900 | 1.84751
Stop Loss= 1.16472
Risk/Reward= 1:1 | 1:1.82 | 1:2.97
Expected Profit= +12.86% | +23.37% | +38.22%
Possible Loss= -12.86%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Current Price= 1.34804
Buy Entry= 1.36561 - 1.30761
Take Profit= 1.50850 | 1.64900 | 1.84751
Stop Loss= 1.16472
Risk/Reward= 1:1 | 1:1.82 | 1:2.97
Expected Profit= +12.86% | +23.37% | +38.22%
Possible Loss= -12.86%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade closed: target reached
TP2 reached with +23.37& (1x)Big breakout for Yearn Finance, so nice to have bought the local bottom!
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