JoE
Long

You can't miss this one

BITTREX:XLMBTC   Lumen / Bitcoin
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***

XLM formed a symmetrical triangle which already had the breakout.
Patterns like this on the daily timeframe rarely fails.
Trade active: flying, literally!
Trade active: Adding to my long here
Comment: This could take some time to play out, patience will be rewarded!
Trade closed: stop reached
Hope you had your stop loss at a good place ;)
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JoE colinhooyberg
@colinhooyberg, If you know just a little bit of technical analysis you'd know that this is a normal pullback or support retest. I keep my position open until the target.
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Added long as well. Going to ATH.
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Honestly I think it is a weak breakout. Just look at the volume. How do you expect the break out to last long with such weak volume like that. I think it will pull back hard to at least 3500 sat
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JoE youngmoneyduke
@youngmoneyduke, I added to my long , let's see how it goes
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you got it right. target seems ridiculous but it's mine as well. Fingers crossed!
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Put it in LOG mode and you will see that it didn’t break the pattern
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JoE colinhooyberg
@colinhooyberg, Looks like you've learned something from somebody, let's put it this way, log is used to factor in inflation, since it's btc pair chart there's no inflation happening to btc, further more, I just checked the log chart for you, it indeed broke the pattern.
+1 Reply
@JoE, i think this one will be a rapid move upwards.
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@JoE, just watch out
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