$XMR/USDT 3h (#BinanceFutures) Falling wedge breakout and retest

Monero is pulling back to 200MA support and looks good for a bounce after and resume bullish.

Current Price= 243.55
Buy Entry= 244.15 - 238.15
Take Profit= 261.12 | 276.36 | 295.61
Stop Loss= 225.11

Risk/Reward= 1:1.25 | 1:2.2 | 1:3.4
Expected Profit= +24.84% | +43.80% | +67.74%
Possible Loss= -19.95%

Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 3x
Estimated Gain-time= 2 weeks

Tags: #XMR #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork

Website: getmonero.org

Contracts:
#Mainnet
#Secret secret19ungtd2c7srftqdwgq0dspwvrw63dhu79qxv88

Trade active:

All entries filled

Monero precisely retested the wedge and seems to be bouncing back as planned so far!

Trade closed: stop reached:

SL hit with -19.95% (3x) and -1R

Monero lost local support after all and wicked down, leading to a stop hunt.

Comment:

New LONG idea: