$XMR/USDT 1D (Binance Futures) Ascending triangle on support Long

Monero / TetherUS PERPETUAL CONTRACTBinance

Description

⋅ Nov 27, 2020 6:01 PM

Monero manual swing trade idea.

Current Price= 115.52
Buy Entry= 115.60 - 111.42
Take Profit= 134.41
Stop Loss= 106.54

Risk/Reward= 1:3
Expected Profit= +36.82%
Possible Loss= -12.28%

Fib. Retracement= 0.786
Margin Leverage= 2x
Estimated Gain-time= 480h

Trade closed: target reached

⋅ Dec 4, 2020 3:11 PM

TP reached with +36.82% (2x) in a week

Nice ride for #Monero bringing quite decent profit, trade is closed now.
But watch out for a possible breakout upwards, or a support retest to long again!