$XLM/USDT 4h (Binance Futures) Descending broadening wedge

12 oct 2021

Stellar Lumens looks good for bullish continuation after bouncing on 100EMA support.
More information about that Smart Contract coin on stellar.org/

Current Price= 0.32961
Buy Entry = 0.33009 - 0.31951
Take Profit= 0.35092 | 0.38536 | 0.41346
Stop Loss= 0.30608

Risk/Reward= 1:1.4 | 1:3.24| 1:4.74
Expected Profit= +24.12% | +55.95% | +81.90%
Possible Loss= -17.28%

Fib. Retracement= 0.618 | 1.272 | 1.764
Margin Leverage= 3x
Estimated Gain-time= 2 weeks

13 oct 2021

Operación cerrada: objetivo alcanzado

TP1 reached with +24.12% (3x) and +1.4R

Stellar Lumens pumped nicely and is retesting the descending TL right now.
Looking ready for more, SL adjusted to lowest entry anyway (0.31951$).

19 oct 2021

Operación cerrada: objetivo alcanzado

TP3 reached with +81.90% (3x) and +4.74R

Stellar Lumens broke-out of the wedge as expected, achieving all targets with great profit.
Trade is fully closed and price is pulling back, keep an eye on another buy opportunity!