$MASK/USDT 4h (Binance Futures)Falling broadening wedge breakout
Mask Network has regained 200MA support and is looking good for a bounce after that pull back!
More information about this decentralized portal also working on BSC and Polygon Ecosystem on mask.io/
Current Price= 10.3914
Buy Entry = 10.4861 - 10.1051
Take Profit= 11.5529 | 12.9695 | 15.0620
Stop Loss= 9.2858
Risk/Reward= 1:1.25 | 1:2.65| 1:4.72
Expected Profit= +24.42% | +51.94% | +92.60%
Possible Loss= -19.62%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
More information about this decentralized portal also working on BSC and Polygon Ecosystem on mask.io/
Current Price= 10.3914
Buy Entry = 10.4861 - 10.1051
Take Profit= 11.5529 | 12.9695 | 15.0620
Stop Loss= 9.2858
Risk/Reward= 1:1.25 | 1:2.65| 1:4.72
Expected Profit= +24.42% | +51.94% | +92.60%
Possible Loss= -19.62%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade closed: target reached
TP1 reached with +24.42% (2x) and +1.25RMask Network instantly pumped bringing fast profit, SL updated to lowest entry (10.1051$).
Trade closed manually
Remaining position was closed with -3.70% (2x) and -0.19RMask Network did not manage to stay above 200MA support and went down revisiting the wedge.
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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.