Curve DAO has grown a lot after breaking out bullish, now approaching supply zone we expect some rejection up there.
Current Price= 2.303
Sell Entry = 2.349 - 2.435
Take Profit= 2.156 | 2.020 | 1.820
Stop Loss= 2.581
Risk/Reward= 1:1.25 | 1:1.97 | 1:2.7
Expected Profit= +19.74% | +31.1% | +47.82%
Possible Loss= -15.80%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 2.303
Sell Entry = 2.349 - 2.435
Take Profit= 2.156 | 2.020 | 1.820
Stop Loss= 2.581
Risk/Reward= 1:1.25 | 1:1.97 | 1:2.7
Expected Profit= +19.74% | +31.1% | +47.82%
Possible Loss= -15.80%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade closed: target reached:
TP1 reached with +19.74% (2x) and +1.25R
Curve got rejected on resistance quite accurately we must say, then broke-down the parabola.
Now it bounced back and looks like a bearish retest so far, lower targets are still in play!
Stop Loss adjusted to highest entry (2.435$) in case it resumes bullish before that.
Curve got rejected on resistance quite accurately we must say, then broke-down the parabola.
Now it bounced back and looks like a bearish retest so far, lower targets are still in play!
Stop Loss adjusted to highest entry (2.435$) in case it resumes bullish before that.
Trade closed: target reached:
TP2 reached with +30.50% (2x) and +1.97R
Curve confirmed the bearish retest and wicked down for 2nd target, crossing 50MA.
Now back above it but looks weak, SL moved slightly above 1st entry (2.351$) anyway.
Curve confirmed the bearish retest and wicked down for 2nd target, crossing 50MA.
Now back above it but looks weak, SL moved slightly above 1st entry (2.351$) anyway.
Trade closed manually:
Remaining position closed at Break-Even
Curve almost hit last target with up to +45.22% (2x) profit, missing TP3 by only 0.022$ (1.19%), that was close!
Then it bounced back kicking us out at first entry, we are still holding some manually with original SL.
Curve almost hit last target with up to +45.22% (2x) profit, missing TP3 by only 0.022$ (1.19%), that was close!
Then it bounced back kicking us out at first entry, we are still holding some manually with original SL.