$DYDX/USDT 12h (Binance Futures) Falling broadening wedge
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dYdX has been retracing for 2 months and seems to have found bottom here, let's speculate a reversal.
Current Price= 8.838
Buy Entry= 8.721 - 8.061
Take Profit= 10.549 | 12.691 | 17.136
Stop Loss= 7.119
Risk/Reward= 1:1.7 | 1:3.38 | 1:6.87
Expected Profit= +25.72% | +51.25% | +104.22%
Possible Loss= -15.16%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
dydx.community/ dydx.foundation/ dydx.exchange/
Current Price= 8.838
Buy Entry= 8.721 - 8.061
Take Profit= 10.549 | 12.691 | 17.136
Stop Loss= 7.119
Risk/Reward= 1:1.7 | 1:3.38 | 1:6.87
Expected Profit= +25.72% | +51.25% | +104.22%
Possible Loss= -15.16%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
dydx.community/ dydx.foundation/ dydx.exchange/
Trade fermée: ordre d’arrêt atteint
SL was hit with -15.16% (1x) and -1RdYdX stop hunted us by 0.012$, that is quite sad but luckily PC bot has not sold yet, targets remain valid.
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