TradingOn

$XLM/USDT 12h (#Bybit) Falling broadening wedge breakout

Long
TradingOn Updated   
BYBIT:XLMUSDT.P   XLMUSDT Perpetual Contract
Stellar Lumens looks good for bullish continuation from here after pulling back to 100EMA support.

⚡️⚡️ #XLM/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (LONG)
Leverage: Isolated (5x)
Amount: 6.2%

Current Price:
0.09070

Entry Targets:
0.09060 - 0.08800

Take-Profit Targets:
1) 0.09625
2) 0.10150
3) 0.10670

Stop Targets:
1) 0.08350

Published By: @TradingOn

$XLM #XLMUSDT #StellarLumens

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +38.9% | +68.3% | +97.4%
Possible Loss= -43.2%
Estimated Gaintime= 1 month
Trade closed: stop reached:
SL was hit with -32.5% (5x) and -1.0R

Stellar Lumens lost 100EMA support, invalidating the bullish continuation scenario.

$XLM #XLMUSDT #Stellar #Lumens #P2P

Trade closed: target reached:
TP3 would have been reached in the end

Stellar Lumens went down to wedge support before finally reversing all the way back up.
RSI entering overbought territory, if you were still holding, now is probably a good time to close.


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