BAL/USDT 6h (Binance Fut.) Descending channel facing resistance

#Balancer is entering my personal sell zone again, I'm sharing the set-up so you can give it a try manually.

Current Price= 12.369
Sell Entry= 12.300 - 13.012
Take Profit= 0.01827 | 0.01890 | 0.01961
Stop Loss= 0.01733

Risk/Reward= 1:1 | 1:2 | 1:3
Expected Profit= +10.90% | +21.81% | +32.70%
Possible Loss= -10.90%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 360h

Margin Leverage= 1x

Trade fermée: cible de profit atteinte:

TP1 with +10.90% (1x)

#Balancer reacted as expected, you may think it's too bad I went without leverage, but this is already a extra volatile token, no need to lever to make good profit!

Trade fermée: cible de profit atteinte:

TP2 with +17% (1x)

I adjusted targets a bit higher so the trade is secured now for #Balancer, good profit so far!

Commentaire:

TP3 reached with +25% (1x)

#Balancer made it to last target, that's a wrap, I hope you held that short too!
This is the proof you don't necessarily need leverage to make profit.
I believe downtrend is about to end, waiting patiently for reversal confirmation now.