$SRM/USDT 4h (Binance Futures) Descending channel breakout

Serum broke out bullish of that parallel channel and 50MA, I expect it to continue upwards.

Current Price= 4.8917
Buy Entry= 4.8715 - 4.6707
Take Profit= 5.4557 | 5.9859 | 6.7370
Stop Loss= 4.3132

Risk/Reward= 1:1.5 | 1:2.65 | 1:4.29
Expected Profit= +28.70% | +50.92% | +82.40%
Possible Loss= -19.20%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 10 days

Trade attivo:

First entry filled

Serum bounced as expected and is heading to first target.

Trade chiuso: obiettivo raggiunto:

TP1 reached with +28.70% (2x) and +1.5R

Serum kept going up as planned, taking some profit here and aiming for higher targets with remaining position.

Trade chiuso: obiettivo raggiunto:

TP2 reached with +50.92% (2x) and +2.65R

Serum growing steadily, very nice profit so far!

Trade chiuso: obiettivo raggiunto:

TP3 hit with +82.40% (2x) and +4.29R

That's a wrap for Serum, all targets reached exactly on time, amazing!