$ENS/USDT 1D (#Bybit) Symmetrical triangle breakout

Ethereum Name Service seems to be ready to go back up after regaining the descending Trend-Line.
ens.domains ens.mirror.xyz


Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +27.84% | +48.78% | +69.74%
Possible Loss= -23.27%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2-3 months

Comentário:

⚡️⚡️ #ENS/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 8.6%

Current Price:
15.44

Entry Zone:
15.18 - 13.70

Take-Profit Targets:
1) 18.46
2) 21.48
3) 24.51

Stop Targets:
1) 11.08

Trade ativo:

2/3 entries filled

Ethereum Name Service pulled-back to 100EMA support and bounced back as expected so far.
Breakout seems confirmed now, let's patiently wait for targets now!

Trade fechado: objetivo atingido:

TP1 reached with +27.84% (1x) and +1.2R

Ethereum Name Service is stronger than ever and pushed higher as forecast.
Don't forget to take profit and move SL below entry (13.69) to protect the trade!

Trade fechado: stop atingido:

Remaining position was closed with -5.19% (1x) and -0.22R

Ethereum Name Service bounced back on first 100EMA retest, but then lost it leading to a sell-off.
Good thing we adjusted Stop on time to reduce partial loss, time to wait patiently for new patterns!

#ENS #ENSUSDT #DNS #Domain #Web3