$KSM/USDT 2h (Binance Futures) Bull-flag breakout

4 May 2021

Kusama is breaking bullish again, let's catch next dip.

Current Price= 423.493
Buy Entry= 415.030 - 406.230
Take Profit= 454.494 | 488.859 | 540.402
Stop Loss= 381.377

Risk/Reward= 1:1.5 | 1:2.67 | 1:4.44
Expected Profit= +21.36% | +38.10% | +63.20%
Possible Loss= -14.24%

Fib. Retracement= 1.272 | 2 | 3
Margin Leverage= 2x
Estimated Gain-time= 10 days

12 May 2021

İşlem aktif

First entry filled

Kusama pushed up at first then went down revisiting demand zone, this is when we are glad using patient entries!

12 May 2021

Not

Second entry filled

Kusama dipped more and almost hit SL, but still looking good overall.
We decided to adjust SL to 366.766$ giving RR= 1:1 for TP1 until storm passes!

12 May 2021

Not

100EMA regained

Kusama bounced back nicely, let's move SL to where it originally was!
EDIT: I re-drew a bit the flag, it looks even more bullish now!

12 May 2021

İşlem kapandı: hedefe ulaştı

TP1 reached with +21.36% (2x) and +1.5R

Kusama is back on track, if you missed it then now could be a good opportunity to enter and let more buy orders in the zone.

12 May 2021

İşlem kapandı: hedefe ulaştı

TP2 reached with +38.10% (2x) and +2.67R

After revisiting entry zone, Kusama bounced and pushed even higher this time!

13 May 2021

İşlem kapandı: hedefe ulaştı

TP3 reached with +63.20% (2x) and +4.44R

That's a wrap for Kusama, made it to last target and even a bit more, enjoy!