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$XTZ/USDT 4h (Binance Futures) Symmetrical triangle breakout

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BINANCE:XTZUSDT.P   Tezos / TetherUS PERPETUAL CONTRACT
Tezos has broken out of the triangle and is looking good for bullish continuation here.

Current Price= 4.069
Buy Entry= 4.014 - 3.906
Take Profit= 4.323 | 4.629 | 5.119
Stop Loss= 3.669

Risk/Reward= 1:1.25 | 1:2.3 | 1:3.98
Expected Profit= +18.34% | +33.78% | +58.54%
Possible Loss= -14.70%

Fib. Retracement= 1.414| 1.764 | 2.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Dagangan aktif:
All entries filled

Tezos pulled back as planned, now would be a good time to bounce then!

Dagangan ditutup: hentian tercapai:
SL hit with -14.70% (2x) and -1R

Tezos did not react on 100EMA retest and kept falling, that's too bad :/
We can see it finally found support on that lower TL but we better for clearer situation before entering again.


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