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Algorca
Oct 11, 2020 8:17 PM

XLMBTC - Consolidation in historical support zone Long

Stellar / BitcoinBinance

Description

It takes a long time and the current range has been able to support the price well. MAs and oscillators have promising signs on 4H and 1D.

Comment

So far it has been as expected

Trade active

I opened a long position right here.
Risk/Reward is excellent.

Trade closed: stop reached

XLM disappointed us..
Our stop below support line triggered.
position closed with 1.5% loss.

But
Stellar.. I like you and wish you good days.
:(
Comments
PS_TopDollarInvestments
Nice analysis, looks like its playing out now, just a little later. Could be ready to rally! I posted an analysis with a potential short-mid-term trade setup, if you have a moment check it out and let me know what you think.

Thanks for sharing!
Algorca
@PS_TopDollarInvestments, it's true
We lost this opportunity, but the market always gives us another chance!
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