TradingOn

BAL/USDT 2h (Binance Fut.) Descending channel & curve breakout

Long
TradingOn Mis à jour   
BINANCE:BALUSDT.P   BAL / TetherUS PERPETUAL CONTRACT
Balancer is looking bullish again on Low Time Frame, let's try to catch a decent entry.

Current Price= 14.107
Buy Entry= 13.678 - 12.878
Take Profit= 15.120 | 16.712 | 18.119
Stop Loss= 11.799

Risk/Reward= 1:25 | 1:2.32 | 1:3.27
Expected Profit= +27.74% | +51.72% | +72.92%
Possible Loss= -22.28%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 2x
Estimated Gain-time= 240h
Commentaire:
Went for all targets without reaching entry

Since it's still looking good for a move up after a bigger dip, let's recycle it with same R/Rs.
The idea is to enter on that midline channel support if goes down there:

Current Price= 14.904
Buy Entry= 14.156 - 13.356
Take Profit= 15.598 | 17.190 | 18.597
Stop Loss= 12.277

Transaction en cours:
All entries filled & bouncing now

I believe Balancer can still make it so I'll let that one run since it's low leverage.

Trade fermée: cible de profit atteinte:
TP1 with +21.50% (2x) from average entry (13.756$)

#Balancer made it, PC bot would sell remaining position if goes back under lowest entry (13.356$).

Trade fermée manuellement:
Bot closed remaining position with +7.26% (2x) at 14.256$ (time-out)

But somehow it opened a short at the same time, right now in good profit but that was a bug.
Please check your position and I recommend to manually close it since bot won't manage it anymore.
I will keep an eye on it to see if there is another long opportunity soon!


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.