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XLM/BTC 4H (Binance) Pumped on double bottom, time to retrace
Stellar / Bitcoin
Short
XLM/BTC 4H (Binance) Pumped on double bottom, time to retrace
By TradingOn
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Updated
Mar 21, 2020
1
6
Mar 13, 2020
Stellar Lumens surprised us by gaining +23% from double bottom.
Now it's back above MA200 but I'm expecting that more downtrend is coming!
Sell Entry= 0.00000708 - 0.00000720
Take Profit= 0.00000682 | 0.00000663 | 0.00000631
Stop Loss= 0.00000746
Risk/Reward= 1:1 | 1:1.59 | 1:2.59
Expected Profit= 4.48% | 7.14% | 11.62%
Possible Loss= -4.48%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Mar 14, 2020
Trade active
All entries filled
Mar 15, 2020
Trade closed: target reached
TP1 hit with +4.48% (22.40% with 5x leverage) 🎯
Mar 20, 2020
Trade closed: target reached
TP2 hit with +7.14% (35.70% with 5x leverage). Wait for last target with SL in profit!
Mar 21, 2020
Trade closed: target reached
🎯TP3 reached with +11.62%, that's 58.10% profit with 5x leverage, enjoy guys!
binance
Double Top or Bottom
Fibonacci
lumens
Moving Averages
STELLAR
xlmbtc
TradingOn
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