$DEFI/USDT 4h (Binance Futures) Rising wedge on resistance

DeFi Index is likely to reverse here if gets rejected on that supply zone.
Current Price= 1761.7
Sell Entry= 1758.4 - 1810.2
Take Profit= 1587.4 | 1477.2 | 1314.6
Stop Loss= 1942.4
Risk/Reward= 1:41.25 | 1:1.94 | 1:2.97
Expected Profit= +22.08% | +34.42% | +52.64%
Possible Loss= -17.72%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 1761.7
Sell Entry= 1758.4 - 1810.2
Take Profit= 1587.4 | 1477.2 | 1314.6
Stop Loss= 1942.4
Risk/Reward= 1:41.25 | 1:1.94 | 1:2.97
Expected Profit= +22.08% | +34.42% | +52.64%
Possible Loss= -17.72%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 10 days
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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.