Stellar Lumens just gave us a really nice short result, now we are getting ready to long again:
Buy Entry= 0.00000636 - 0.00000626
Take Profit= 0.00000659 | 0.00000673 | 0.00000696
Stop Loss= 0.00000603
Risk/Reward= 1:1 | 1:1.5 | 1:2.32
Expected Profit= 4.44% | 6.66% | 10.30%
Possible Loss= -4.44%%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Buy Entry= 0.00000636 - 0.00000626
Take Profit= 0.00000659 | 0.00000673 | 0.00000696
Stop Loss= 0.00000603
Risk/Reward= 1:1 | 1:1.5 | 1:2.32
Expected Profit= 4.44% | 6.66% | 10.30%
Possible Loss= -4.44%%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Trade active
All entries filled and bounced.Note
Went down for channel support twice, I'm still expected to go up so I bought more here at 614 sats with lower SL= 0.00000589Note
Original stop was reached but as I said yesterday, I'm using a new one, let's hope it holds this time.Note
Now my stop is 0.00000573, last chance...Trade closed: target reached
At last TP1 reached with +4.44% from average entry (22.20% with 5x leverage on Binance Margin). We did well updating the SL a bit lower this time, but that's not always worth it, don't do it by default, only if chart looks really promising and not yet invalidated!
Trade closed: target reached
TP2 more than reached with +6.66% (33.30% 5x) and TP3 missed by 3 sats. I took great profit already and updated Stop in gain for remaining position!Trade closed: target reached
TP3 with +10.30%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.