ETC/USDT 8H (Binance Fut.) Pennant on support, back to channel

212
TA: Ethereum Classic would probably retest the ascending parallel channel if pennant manage to hold and break up.

Current Price= 6.286
Buy Entry= 6.310 - 6.220
Take Profit= 6.591 | 6.969 | 7.237
Stop Loss= 5.939

Risk/Reward= 1:1 | 1:2.16 | 1:2.98
Expected Profit= 26.00% | 56.20% | 77.55%
Possible Loss= -26.00%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 5x
Estimated Gain-time= 360h
Trading ditutup: stop tercapai
SL was hit with -5.20% loss (26.00% using 5x) before the big drop as you already know.
Too bad the fake-out didn't reached the first target before that...
Catatan
Went up to +3.82% profit (19.10% using 5x) before dropping, a closer first target would have been better!
cuplikan

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.