#BERAUSDT #1D (Bitget Futures) Descending wedge on support
BeraChain printed a bullish hammer that may have marked a double bottom here on daily.
Reversal seems around the corner, revisiting 50MA & 100EMA resistances would make sense.
⚡️⚡️ #BERA/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.8%
Entry Zone:
2.798 - 2.558
Take-Profit Targets:
1) 3.345
2) 3.848
3) 4.350
Stop Targets:
1) 2.120
Published By: @Zblaba
BERA 
BERAUSDT.P #1D #BeraChain berachain.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.8% | +87.4% | +124.9%
Possible Loss= -41.7%
Estimated Gaintime= 1-2 months
Reversal seems around the corner, revisiting 50MA & 100EMA resistances would make sense.
⚡️⚡️ #BERA/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.8%
Entry Zone:
2.798 - 2.558
Take-Profit Targets:
1) 3.345
2) 3.848
3) 4.350
Stop Targets:
1) 2.120
Published By: @Zblaba
BERA BERAUSDT.P #1D #BeraChain berachain.comRisk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.8% | +87.4% | +124.9%
Possible Loss= -41.7%
Estimated Gaintime= 1-2 months
Trade active
All entries filledBERAUSDT.P Entered entry zone ✅Period: 5 Days 4 Hours 34 Minutes ⏰
BERA went for wedge support retest and bounced back on it, forming a morning star.Fortunately, stop held properly so far, seems like we are back on track!
Trade closed: stop reached
SL reached with -1.0RBERAUSDT.P Stop Target Hit ⛔Loss: 41.6729% 📉
BERA got rejected on entry that turned into supply one, then went down for our stop.
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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.