$XLM/USDT 4h (Binance Futures) Descending broadening wedge
Updated
Stellar Lumens looks good for bullish continuation after bouncing on 100EMA support.
More information about that Smart Contract coin on stellar.org/
Current Price= 0.32961
Buy Entry = 0.33009 - 0.31951
Take Profit= 0.35092 | 0.38536 | 0.41346
Stop Loss= 0.30608
Risk/Reward= 1:1.4 | 1:3.24| 1:4.74
Expected Profit= +24.12% | +55.95% | +81.90%
Possible Loss= -17.28%
Fib. Retracement= 0.618 | 1.272 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
More information about that Smart Contract coin on stellar.org/
Current Price= 0.32961
Buy Entry = 0.33009 - 0.31951
Take Profit= 0.35092 | 0.38536 | 0.41346
Stop Loss= 0.30608
Risk/Reward= 1:1.4 | 1:3.24| 1:4.74
Expected Profit= +24.12% | +55.95% | +81.90%
Possible Loss= -17.28%
Fib. Retracement= 0.618 | 1.272 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Trade closed: target reached
TP1 reached with +24.12% (3x) and +1.4RStellar Lumens pumped nicely and is retesting the descending TL right now.
Looking ready for more, SL adjusted to lowest entry anyway (0.31951$).
Trade closed: target reached
TP3 reached with +81.90% (3x) and +4.74RStellar Lumens broke-out of the wedge as expected, achieving all targets with great profit.
Trade is fully closed and price is pulling back, keep an eye on another buy opportunity!
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