$XMR/USDT 5h (#BinanceFutures) Falling wedge breakout and retest

Monero is dipping to 200MA support again, let's give it another try with lower leverage!

Current Price= 227.41
Buy Entry= 227.44 - 221.22
Take Profit= 244.30 | 261.15 | 278.79
Stop Loss= 208.29

Risk/Reward= 1:1.25 | 1:2.3 | 1:3.4
Expected Profit= +17.80% | +32.82% | +48.56%
Possible Loss= -14.30%

Fib. Retracement= 0.382 | 0.702 | 1
Margin Leverage= 2x
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 retested the wedge and bounced back nicely this time, regaining 200MA!

Trade closed: stop reached:

SL hit with -14.30% (2x) and -1R

Monero lost support again and continued with the downtrend after all...