XMR/USDT 90m (Binance Futures) Rising wedge forming

#Monero went up after breaking out of the bullish flag and made a nice run, now seems a good time for a small retracement.
I think it could go down to wedge support or even lower, back to parallel channel if breaks it.
If does so fast enough, I believe we'd rather look for a bullish continuation afterwards!

Current Price= 135.44
Buy Entry= 135.16 - 137.46
Take Profit= 133.23 | 129.77 | 127.04
Stop Loss= 139.39

Risk/Reward= 1:1 | 1:2.12 | 1:3.01
Expected Profit= +9.04% | +19.20% | +27.20%
Possible Loss= -9.04%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 4x
Estimated Gain-time= 180h

Trade stängt: målet nått:

I'm glad I started the week on the right foot!
Better trade carefully with ALTs those days, and don't overtrade.

Kommentera:

#Monero kept dipping, very nice profit, that was quite fast!
PC bot would close remaining position if goes back up to lower entry (135.26$)
I believe it's too early to start building a long since #Bitcoin looks quite unstable, better to wait patiently for reversal sign.
I plan to hold short down to last target first, at least.

Trade stängt: målet nått:

#Monero made it to third target at last, unfortunately PC bot closed the position at entry as I said yesterday.
But if you were manually holding that short, very nice profit for you!