$WAVES/USDT 3D (#BinanceFutures) Ascending trendline retest

31 Mar 2022

Waves Protocol made a new ATH, seems like nothing can stop it but we'll try again to catch the top.

Current Price= 62.848
Sell Entry = 62.894 - 70.383
Take Profit= 50.227 | 39.255 | 31.054
Stop Loss= 80.205

Risk/Reward= 1:1.2 | 1:2 | 1:2.6
Expected Profit= +24.53% | +41.01% | +53.34%
Possible Loss= -20.52%

Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 6 months

4 Nis 2022

İşlem kapandı: hedefe ulaştı

TP1 reached with +24.53% (1x) and +1.2R🎯

Waves Protocol finally retraced down after being overbought for weeks, we did well selling!
Road will be choppy now, SL adjusted to highest entry (70.383) to reduce the risk.

4 Nis 2022

İşlem kapandı: hedefe ulaştı

TP2 reached with +39.19% (1x) and +2R

Waves Protocol continued with the retracement, even faster than expected!
RSI left overbought territory now, SL edited to lowest entry (62.894) to secure the trade.

5 Nis 2022

İşlem kapandı: hedefe ulaştı

TP3 reached with +51.94% (1x) and +2.6R🎯

Waves Protocol went straight for final target, what a dump, trade is fully closed now!