COMP / TetherUS PERPETUAL CONTRACT
Long
Updated

COMP/USDT 6h: Descending channel breakout & pullback

520
Compound is looking bullish at last, it could be a good hedging position during Bitcoin correction.

Current Price= 143.85
Buy Entry= 144.02 - 139.00
Take Profit= 156.91 | 185.43 | 205.51
Stop Loss= 125.91

Risk/Reward= 1:1 | 1:2.85 | 1:4.16
Expected Profit= +32.64% | +92.85% | +135.48%
Possible Loss= -32.64%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 480h
Trade closed: target reached
TP3 more than reached with +135.48% using only 3x, that was one of my best trade on Binance Futures!
snapshot

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