$BLZ/USDT 12h (Binance Futures) Symmetrical triangle breakout

Bluzelle has broken the downtrend and is retesting 50MA, seems to be at strong demand zone here.

Current Price= 0.19681
Buy Entry= 0.19700 - 0.18390
Take Profit= 0.23497 | 0.27919 | 0.35698
Stop Loss= 0.15476

Risk/Reward= 1:1.25 | 1:2.39 | 1:4.51
Expected Profit= +23.38% | +45.83% | +86.46%
Possible Loss= -18.74%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1 month

Trade attivo:

Both entries filled

Bluzelle dipped as planned retesting the triangle, support is holding so far!

Trade chiuso: stop raggiunto:

SL hit with -18.74% and -1R

Bluzelle did not hold much longer, I guess crossing 50MA was definitely a bearish sign...