$XLM/USDT 4h (Binance Futures) Ascending channel on support
Updated
Stellar Lumens is up-trending, let's join here on 50MA retest.
Current Price= 0.63893
Buy Entry = 0.63517 - 0.61503
Take Profit= 0.68807 | 0.73949 | 0.83636
Stop Loss= 0.57462
Risk/Reward= 1:1.25 | 1:2.27 | 1:4.19
Expected Profit= +20.14% | +36.60% | +67.60%
Possible Loss= -16.16%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 0.63893
Buy Entry = 0.63517 - 0.61503
Take Profit= 0.68807 | 0.73949 | 0.83636
Stop Loss= 0.57462
Risk/Reward= 1:1.25 | 1:2.27 | 1:4.19
Expected Profit= +20.14% | +36.60% | +67.60%
Possible Loss= -16.16%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade closed: target reached
TP1 would have been reached with +20.14% (2x) Unfortunately, PC bot missed entry by 0.00044$, that's too sad...
I hope some of you guys managed to get in manually anyway!
If not, then we'd rather wait for a pull-back before entering.
Trade closed: target reached
TP2 would have been reached with +36.60% (2x) Stellar Lumens is not willing to pull-back, nice profit if you are in manually!
Trade active
First entry filled Stellar Lumens pulled back to buy range after all, who would have thought 😜
We adapted the set-up according to this last move down, updating targets a bit higher and stop slightly lower!
Take Profit= 0.69899 | 0.77392 | 0.86689
Stop Loss= 0.56576
Risk/Reward= 1:1.25 | 1:2.51 | 1:4.07
Expected Profit= +23.64% | +47.62% | +77.36%
Possible Loss= -18.98%
Fib. Retracement= 0.618 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade closed: stop reached
SL hit with -18.98% (2x) and -1RStellar Lumens broke-down the ascending channel after all, not cool.
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