$LINK/USDT 90m (Binance Futures) Descending channel breakout

ChainLink broke out of that parallel channel, seems to be a bullish flag, the idea is to emter on the retest of 50MA!

Current Price= 26.781
Buy Entry = 26.402 - 26.200
Take Profit= 27.181 | 28.127 | 29.039
Stop Loss= 25.713

Risk/Reward= 1:1.5 | 1:3.11 | 1:4.66
Expected Profit= +13.40% | +27.76% | +41.64%
Possible Loss= -8.96%

Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 5 days

İşlem aktif:

Both entries filled

ChainLink finally dipped to our buy zone, wait for the possible bounce now!

İşlem kapandı: hedefe ulaştı:

TP2 reached +27.76% (4x) and +3.11R

ChainLink nicely respecting the plan, last target is likely to be hit soon!

İşlem kapandı: hedefe ulaştı:

TP3 more than reached with +41.64% (4x) and +4.66R

ChainLink kept growing bringing up to +106.44% (4x) if you dared to hold that high!