VET/USDT 12H (Binance Fut.) Ascending channel & bull pennant
TA: VeChain is looking bullish again after forming that pennant and mid-line channel is supporting the price action.
I published that call in my telegram channel @TradingOnHigh on Sunday and entries have already been filled.
But I just updated first target and stop a bit closer now, so here's the new set-up:
Current Price= 0.008718
Buy Entry= 0.008668 - 0.008416
Take Profit= 0.009171 | 0.009987 | 357.11
Stop Loss= 0.007913
Risk/Reward= 1:1 | 1:2.3 | 1:4.56
Expected Profit= 22.08% | 50.76% | 100.77%
Possible Loss= -22.08%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 480h
I published that call in my telegram channel @TradingOnHigh on Sunday and entries have already been filled.
But I just updated first target and stop a bit closer now, so here's the new set-up:
Current Price= 0.008718
Buy Entry= 0.008668 - 0.008416
Take Profit= 0.009171 | 0.009987 | 357.11
Stop Loss= 0.007913
Risk/Reward= 1:1 | 1:2.3 | 1:4.56
Expected Profit= 22.08% | 50.76% | 100.77%
Possible Loss= -22.08%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 480h
Comentarios:
Last target is 0.011411 USDT as shown on chart, sorry about that ;)
Operación cerrada: objetivo alcanzado:
TP3 more than reached with +33.59% profit (100.77% using only 3x).
That's the kind of analysis that goes way better than expected, max profit would have been +101.76% without leverage in less than a week, this is crypto world!
I'll let you do the math if someone dared to use 50x margin leverage... Not that I recommend doing it but so you can realize that big gains are no myth in here.
That's the kind of analysis that goes way better than expected, max profit would have been +101.76% without leverage in less than a week, this is crypto world!
I'll let you do the math if someone dared to use 50x margin leverage... Not that I recommend doing it but so you can realize that big gains are no myth in here.
