$ICP/USDT 4h (Binance Futures) Descending trendline breakout

Internet Computer seems to be in an eternal downtrend, but looking at the linear scale, it broke-out bullish actually!

Current Price= 34.74
Buy Entry= 34.42- 30.32
Take Profit= 45.25 | 53.61 | 67.14
Stop Loss= 23.76

Risk/Reward= 1:1.5 | 1:2.47 | 1:4.04
Expected Profit= +39.79% | +65.62% | +107.41%
Possible Loss= -26.60%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 10 days

Zlecenie aktywne:

First entry filled

InternetComputer dipped a little bit as planned so far.

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP1 reached with +39.79% (1x) and +1.5R

Looks like we caught the very bottom on Internet Computer, 100EMA is regained, great start of recovery!

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP2 reached with +65.62% (1x) and +2.47R

Internet Computer is killing it and we are in huge gain here, 100EMA is regained, perseverance paying-off!

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP3 reached with +107.41% (1x) and +4.04R

After revisiting demand zone Internet Computer bounced back stronger than ever.
I hope you guys re-entered on time or were still holding some, trade is fully closed now!