$DYDX/USDT 1h (Binance Futures) Descending channel breakout

22 Sep 2021

dYdX is starting to show reversal signs and has formed a symmetrical triangle, let's long here!
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Current Price= 12.438
Buy Entry = 12.248 - 11.832
Take Profit= 13.226 | 14.066 | 14.961
Stop Loss= 11.088

Risk/Reward= 1:1.25 | 1:2.13 | 1:3.07
Expected Profit= +19.70% | +33.66% | +48.52%
Possible Loss= -15.82%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 5 days

22 Sep 2021

Dagangan aktif

TP1 would have been reached with up to +22.30% (2x)

dYdX bounced nicely, unfortunately we missed entry by 0.134$, too bad.
Now consolidating above 50MA, looks good for bullish continuation!

24 Sep 2021

Dagangan ditutup: sasaran tercapai

TP2 would have been reached with up to +32.78% (2x)

dYdX continued the recovery, I hope you caught last dip, road to last target now!

24 Sep 2021

Dagangan aktif

Both entries filled

dYdX retraced down almost stopping us out, let's see how that ends...

27 Sep 2021

Dagangan ditutup: sasaran tercapai

TP3 reached with +48.52% (2x) and +3.07R

dYdX achieved all targets and even more with up to +180.38% (2x) from average entry, what a killer move!