XLM/USDT 8H (Binance Fut.) Double channel facing resistances
Updated
Stellar Lumens has got a great bull-run lately, but it looks like it's going to retrace now.
There is still some place to grow up a little bit before dump that's why I'm using low leverage:
Sell Entry= 0.06969 - 0.07187
Take Profit= 0.06413 | 0.05905 | 0.05103
Stop Loss= 0.07743
Risk/Reward= 1:1 | 1:1.75 | 1:2.96
Expected Profit= 28.20% | 49.71% | 83.70%
Possible Loss= -28.20%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 3x
There is still some place to grow up a little bit before dump that's why I'm using low leverage:
Sell Entry= 0.06969 - 0.07187
Take Profit= 0.06413 | 0.05905 | 0.05103
Stop Loss= 0.07743
Risk/Reward= 1:1 | 1:1.75 | 1:2.96
Expected Profit= 28.20% | 49.71% | 83.70%
Possible Loss= -28.20%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 3x
Trade active
All entries reached now, XLM/BTC went down that's why it didn't pump that much in USDT, lucky for us! I'm still expecting it do go down.Trade closed: target reached
TP2 hit 3 days ago with +49.71% profit then back to entry right now.SL was updated a little bit higher on Prediction Coins to avoid getting short-squeezed: predictioncoins.com/analyst/Trading+On+High
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