Short trade on XLM Short

Stellar Lumens / BitcoinBittrex

Description

⋅ Aug 22, 2017 8:39 PM

enter: 518
stop: 440
target: 796 (at least 50%)

Why?
- Volume rising
- Descending resistance breakout
- Going through the cloud

Comments

mightytrader

⋅ Aug 23, 2017 12:10 AM

I don't understand; how is it a short trade?

CryptoSwiss

⋅ Aug 23, 2017 9:02 AM

@mightytrader, sorry, naming issue, I wanted to say "short in time" :) but couldn't then edit the description

without_worries

⋅ Aug 23, 2017 8:58 AM

Yes - why is this a short trade given your enter / exit targets - current price ~ 572

CryptoSwiss

⋅ Aug 23, 2017 9:02 AM

@without_worries, sorry, naming issue, I wanted to say "short in time" :) but couldn't then edit the description

without_worries

⋅ Aug 23, 2017 9:04 AM

seriousmar

⋅ Aug 22, 2017 9:01 PM

crazyyyyy

blakecleavenger

⋅ Aug 22, 2017 8:43 PM

appreciate your insights, good stuff

CryptoSwiss

⋅ Aug 23, 2017 9:03 AM

@blakecleavenger thx, the headsup came from @Dalin_anderson though ;)