$ROSE/USDT 3h (#BinanceFutures) Symmetrical triangle breakdown
Oasis Network lost 50MA support and seems ready for more retracement down.
oasisprotocol.org/
oasisprotocol.org/
Note
If you don't usually short, targets are for buyingCurrent Price= 0.35508
Sell Entry= 0.35793 - 0.36825
Take Profit= 0.33271 | 0.31008 | 0.29113
Stop Loss= 0.38742
Risk/Reward= 1:1.25 | 1:2.18 | 1:2.96
Expected Profit= +25.11% | +43.80% | +59.46%
Possible Loss= -20.10%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 10 days
Trade active
All entries filledOasisNetwork fully retested broken triangle and got rejected again, road to first target is in play.
Note
TP1 was missed by almost nothingOasis Network is following the plan nicely with up to +24.84% profit using 3x leverage.
Targets remain valid and we'll stick to them as long as chart seems bearish to us!
Trade closed: target reached
TP3 reached with +59.46% (3x) and +2.96ROasis Network achieved all targets, such an accuracy on that Free call, trade is fully closed now!
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Related publications
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.