UTKUSDT 1D long setup; Breakout and retest of falling wedge
TA explained
I had this one on my watchlist for a while now. Seems to be ready for upward continuation after the breakout of the falling wedge and a retest of the breakout level.
Trade setup
Best entries: 0.3873 - 0.4270
TP1: 0.6310
TP2: 0.8888
TP3: 1.2326
SL: 0.3404
RR: 12.09
Max leverage: n/a
—————
MDSquared Crypto Lounge
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
I had this one on my watchlist for a while now. Seems to be ready for upward continuation after the breakout of the falling wedge and a retest of the breakout level.
Trade setup
Best entries: 0.3873 - 0.4270
TP1: 0.6310
TP2: 0.8888
TP3: 1.2326
SL: 0.3404
RR: 12.09
Max leverage: n/a
—————
MDSquared Crypto Lounge
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)