Long
$YFII/BTC 1D (Binance Spot) Descending wedge breakout & retest
DFI.money broke bullish again and looks bottomed, let's buy back here!
Current Price= 0.04717
Buy Entry= 0.04730 - 0.04270
Take Profit= 0.07299 | 0.11388 | 0.15629
Stop Loss= 0.03097
Risk/Reward= 1:2 | 1:4.91 | 1:7.93
Expected Profit= +62.20% | +153.07% | +247.31%
Possible Loss= -31.18%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 0.04717
Buy Entry= 0.04730 - 0.04270
Take Profit= 0.07299 | 0.11388 | 0.15629
Stop Loss= 0.03097
Risk/Reward= 1:2 | 1:4.91 | 1:7.93
Expected Profit= +62.20% | +153.07% | +247.31%
Possible Loss= -31.18%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active
Both entries filledDFi.Money is still ranging and accumulating, it does look good for a leg-up soon 🤞🏼
Trade closed: target reached
TP1 reached with +62.20% (1x) and +2RDFiMoney finally went up stronger than ever and already regained 100EMA!
If you are still holding manually, you could TP partially here and try to buy back on its retest (~ 0.07300).
Trade closed: target reached
TP3 reached with +247.33% and +7.95RAll targets achieved and up-trend has not ended yet!
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Related publications
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.