YFI/USDT 2h (Binance Fut.) Descending channel breakout & retest

Atualizado
Yearn.Finance seems to be preparing for bullish continuation, next big move should be soon!
Parallel channel broke out and is being retesting, also 200MA is acting as support.

Current Price= 23214.3
Buy Entry= 23351.2 - 21851.2
Take Profit= 26924.9 | 34272.0 | 40698.1
Stop Loss= 18983.5

Risk/Reward= 1:1.2 | 1:3.23 | 1:5
Expected Profit= +19.13% | +51.64% | +80.07%
Possible Loss= -16.01%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade fechado: objetivo atingido
TP1 reached with +19.13% (1x)

Nice move up for YearnFinance, bullish breakout is confirmed, hold for higher targets!

snapshot
Nota
TP2 reached with +32.54% (1x) 🎯

yearn.finance kept going up, but since targets were far away I decided to adjust them:
TP2 at Current Price (Fib 1) & TP3 at ex-TP2 (Fib 1.272).
Very nice profit without leverage again, enjoy and hold remaining position!

snapshot
binancebullishbreakoutDEFIfibretracementfuturesMoving AveragesParallel ChannelSupport and ResistanceyearnfinanceYFIYFIUSDT

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