myceliium

STR/XLM Bullish Moving Average Cross

myceliium Updated   
BITTREX:XLMBTC   Stellar Lumens / Bitcoin
It appears that XLMBTC (STR, Stellar Lumens) is about to make a bullish moving average cross on the 4hr. This is a good set up for a long term trade LONG. Stellar has a great project with a lot of support in the crypto community so it is likely that unlike the other alt coins that bleed when BTC is megabull (as it is right now..) STR/XLM may still rally

Entry: 480-500
TP1: 550
TP2: 600
Target: 700
Stop Loss: 440 (for the less risk averse, 400)

Happy Trading
Comment:
s3.amazonaws.com/tra...shots/y/YHOy2kBg.png

First TP Hit. A little correction and now Stellar bouncing off the 200MA on the 5min chart. So far so good...
Trade closed: target reached
Comment:
Waiting for pull back then re-entry at 650 level

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