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

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

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.

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.

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!