$XLM/USDT 4h (Binance Futures) Ascending channel on support

May 11, 2021

Stellar Lumens is up-trending, let's join here on 50MA retest.

Current Price= 0.63893
Buy Entry = 0.63517 - 0.61503
Take Profit= 0.68807 | 0.73949 | 0.83636
Stop Loss= 0.57462

Risk/Reward= 1:1.25 | 1:2.27 | 1:4.19
Expected Profit= +20.14% | +36.60% | +67.60%
Possible Loss= -16.16%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days

May 11, 2021

Trade closed: target reached

TP1 would have been reached with +20.14% (2x)

Unfortunately, PC bot missed entry by 0.00044$, that's too sad...
I hope some of you guys managed to get in manually anyway!
If not, then we'd rather wait for a pull-back before entering.

May 11, 2021

Trade closed: target reached

TP2 would have been reached with +36.60% (2x)

Stellar Lumens is not willing to pull-back, nice profit if you are in manually!

May 12, 2021

Trade active

First entry filled

Stellar Lumens pulled back to buy range after all, who would have thought 😜
We adapted the set-up according to this last move down, updating targets a bit higher and stop slightly lower!

Take Profit= 0.69899 | 0.77392 | 0.86689
Stop Loss= 0.56576

Risk/Reward= 1:1.25 | 1:2.51 | 1:4.07
Expected Profit= +23.64% | +47.62% | +77.36%
Possible Loss= -18.98%

Fib. Retracement= 0.618 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days

May 13, 2021

Trade closed: stop reached

SL hit with -18.98% (2x) and -1R

Stellar Lumens broke-down the ascending channel after all, not cool.