$RLC/USDT 1D (Binance Futures) Falling wedge breakout

4 Ağu 2021

iExec RLC is set for reversal after that clear bullish breakout, on Low TF we can see some continuation pattern as well!

Current Price= 3.3431
Buy Entry = 3.2827 - 2.8957
Take Profit= 4.2813 | 5.0878 | 6.5044
Stop Loss= 2.2919

Risk/Reward= 1:1.5 | 1:2.51 | 1:4.28
Expected Profit= +38.59% | +64.70% | +110.55%
Possible Loss= -25.81%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1.5 months

5 Ağu 2021

İşlem aktif

First entry filled

iExec RLC just retested the small wedge and bounced back, looks good for a move-up!

17 Ağu 2021

İşlem kapandı: hedefe ulaştı

TP1 reached with +38.59% and +1.5R

iExec RLC kept up-trending after breaking out of the continuation pattern.
SL adjusted to lowest entry (2.8957$) to secure the trade and let it go!

26 Ağu 2021

İşlem kapandı: hedefe ulaştı

TP2 reached with +64.70% and +2.51R

What a run for iExec RLC, steady up-trend fetching up to +70.28% profit!
SL adjusted to first entry (3.282$) to secure the trade and let it go.

4 Kas 2021

İşlem kapandı: hedefe ulaştı

RRLC/USDT 1D: TP3 reached with +110.55% and +4.28R

After retesting the entry a few times, #iExecRLC bounced back and hit final target this time!