$YFI/USDT 3h (Binance Futures) Descending trendline breakout

yearn.finance broke-out bullish and looks good for continuation, we better wait for a small pull-back before entering though.

Current Price= 33444
Buy Entry = 32014 - 31214
Take Profit= 34105 | 36425 | 39169
Stop Loss= 29614

Risk/Reward= 1:1.25 | 1:2.41 | 1:3.78
Expected Profit= +23.64% | +45.66% | +71.70%
Possible Loss= -18.99%

Fib. Retracement= 1.272 | 1.618 |2
Margin Leverage= 3x
Estimated Gain-time= 10 days

Trade active:

First entry filled

YearnFinance retesting the demand zone / 100EMA, could go for 2nd entry before bouncing.

Trade closed: target reached:

TP1 reached with +23.64% (3x) and +1.25R

YearnFinance perfectly bounced back on 100EMA and is confirming the breakout!

Trade closed: target reached:

TP2 reached with +45.66% (3x) and +2.41R

Yearn.finance went for 50MA retest and bounced back hitting second target!