YFI/USDT 2h (Binance Fut.) Descending channel breakout & retest

Yearn.Finance seems to be preparing for bullish continuation., next big move should be soon!
Parallel channel broke out and is being retesting, also 200MA is acting as support.

Current Price= 23508.3
Buy Entry= 23351.2 - 21851.2
Take Profit= 26924.9 | 34272.0 | 40698.1
Stop Loss= 18983.5

Risk/Reward= 1:1.2 | 1:3.23 | 1:5
Expected Profit= +19.13% | +51.64% | +80.07%
Possible Loss= -16.01%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 240h

코멘트:

Sorry, chart was duplicated, here goes the one with linked ideas: