Long
$KLAY/USDT 4h (#BinanceFutures) Symmetrical triangle on support
Klaytn is pulling back to 200MA where we expect it to bounce and resume bullish, risky but probably worth it!
Current Price= 1.2430
Buy Entry = 1.2424 - 1.2214
Take Profit= 1.2982 | 1.3572 | 1.4242
Stop Loss= 1.1789
Risk/Reward= 1:1.25 | 1:2.36 | 1:3.63
Expected Profit= +21.52% | +40.68% | +62.44%
Possible Loss= -17.20%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
Tags: #KLAY #KLAYUSDT #Blockchain #Scaling #Metaverse #Gaming #Enterprise #EVM #DApp #Governance
Website: klaytn.foundation/
Contract:
#Mainnet
Current Price= 1.2430
Buy Entry = 1.2424 - 1.2214
Take Profit= 1.2982 | 1.3572 | 1.4242
Stop Loss= 1.1789
Risk/Reward= 1:1.25 | 1:2.36 | 1:3.63
Expected Profit= +21.52% | +40.68% | +62.44%
Possible Loss= -17.20%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
Tags: #KLAY #KLAYUSDT #Blockchain #Scaling #Metaverse #Gaming #Enterprise #EVM #DApp #Governance
Website: klaytn.foundation/
Contract:
#Mainnet
Trade closed: stop reached
SL was hit with -17.20% (4x) and -1RKlaytn lost support and stop hunted us before bouncing back, that's unlucky!
Right now retesting 100EMA resistance, if you are still holding, you could close at Break-Even (BE) here.
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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.