$XLM/USDT 12h (#Bybit) Falling broadening wedge breakout
Updated
Stellar Lumens looks good for bullish continuation from here after pulling back to 100EMA support.
⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (LONG)
Leverage: Isolated (5x)
Amount: 6.2%
Current Price:
0.09070
Entry Targets:
0.09060 - 0.08800
Take-Profit Targets:
1) 0.09625
2) 0.10150
3) 0.10670
Stop Targets:
1) 0.08350
Published By: @Zblaba
XLM #XLMUSDT #StellarLumens
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +38.9% | +68.3% | +97.4%
Possible Loss= -43.2%
Estimated Gaintime= 1 month
⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (LONG)
Leverage: Isolated (5x)
Amount: 6.2%
Current Price:
0.09070
Entry Targets:
0.09060 - 0.08800
Take-Profit Targets:
1) 0.09625
2) 0.10150
3) 0.10670
Stop Targets:
1) 0.08350
Published By: @Zblaba
XLM #XLMUSDT #StellarLumensRisk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +38.9% | +68.3% | +97.4%
Possible Loss= -43.2%
Estimated Gaintime= 1 month
Trade closed: stop reached
SL was hit with -32.5% (5x) and -1.0RStellar Lumens lost 100EMA support, invalidating the bullish continuation scenario.
XLM #XLMUSDT #Stellar #Lumens #P2PTrade closed: target reached
TP3 would have been reached in the endStellar Lumens went down to wedge support before finally reversing all the way back up.
RSI entering overbought territory, if you were still holding, now is probably a good time to close.
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