#NMR/USDT 4h (Binance Futures) Descending wedge breakout

Numeraire regained both 50MA & 200MA and is pulling back to them, looks good for another bounce.

⚡️⚡️ #NMR/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (4.0X)
Amount: 6.9%

Current Price:
13.13

Entry Targets:
1) 13.10

Take-Profit Targets:
1) 15.94

Stop Targets:
1) 11.68

Published By: @TradingOn

$CRYPTOCAP:NMR NMRUSDT.P #Numeraire #AI numer.ai

Risk/Reward= 1:2.0
Expected Profit= +86.7%
Possible Loss= -43.4%

Trade active:

Binance Futures
#NMR/USDT All entry targets achieved
Average Entry Price: 13.1 💵

NMR did not bounce back (yet) and lost local support but printed a dragonfly doji below it, could still play out.

Trade closed: stop reached:

Binance Futures
NMRUSDT.P Stoploss ⛔️
Loss: 43.3588% 📉

NMR tried to bounce back a few times but never enough to hit target.