TradingOn

$YFI/USDT 2D (Binance Futures) Ascending channel trending

Long
TradingOn Updated   
BINANCE:YFIUSDT.P   YFI / TetherUS PERPETUAL CONTRACT
yearn.finance full swing

Current Price= 49634.8
Buy Entry = 48585.5 - 42585.5
Take Profit= 71095.7 | 91398.7 | 129554.9
Stop Loss= 32798.5

Risk/Reward= 1:2 | 1:3.58 | 1:6.57
Expected Profit= +55.96% | +100.50% | +184.20%
Possible Loss= -28.05%

Fib. Retracement= 1.272 | 1.414 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 5 months
Trade active:
All entries filled

Yearn.Finance dipped a bit more than expected but bounced nicely and still on track.
We can see it retested perfectly the 100EMA where we should have been waiting for it!

Trade closed: target reached:
TP1 reached with +55.96% (1x) and +2R

Yearn.Finance killing it today, this was certainly an early entry, enjoy!

Trade closed: target reached:
TP2 reached with +100.50% (1x) and +3.58R

Yearn.Finance kept rising hitting our second target in Futures, still one to go but let's be patient!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.