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$MKR/USDT 4h (Binance Futures) Inverted Head and Shoulders

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BINANCE:MKRUSDT.P   MKR / TetherUS PERPETUAL CONTRACT
Maker just broke out of the descending TL and is looking ready for a big leg up, maybe after a last neckline retest!
More information about that DAO and DeFi / BSC token also part of Avalanche and Near Protocol Ecosystem on makerdao.com

Current Price= 2660.5
Buy Entry = 2609.1 - 2551.3
Take Profit= 2786.2 | 2985.1 | 3238.1
Stop Loss= 2442.5

Risk/Reward= 1:1.5 | 1:2.94 | 1:4.78
Expected Profit= +23.94% | +47.07% | +76.50%
Possible Loss= -16.02%

Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Yorum:
TP2 would have been reached with up to +45.54% (3x)

Maker instantly pumped hard, unfortunately entry was missed by 15.5$, so not cool!
We hope some of you were fast enough to enter manually anyway, if so then don't hesitate to take some partial profit here.


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.