cheungngo

Follow up on the XLMBTC price, and strategies of hodling and sel

Long
BITFINEX:XLMBTC   XLM / Bitcoin
Yesterday after this post:
The price of XLM increases abit
From 0.00004071 (at the time of the post), to 0.00004231 (now)

Reasons to hodl?:
1. Stochastic still K>>D
2. Bullish divergence at all indicators as shown (RSI, stochastic, MACD)

When to sell? (when it does not reach last highest price):
1. Not being able to get through the last highest price (around 0.000045) and goes back
2. And then from the RSI / Stochastic / MACD it shows bearish divergence
3. And the stochastic indicator reversed (i.e. K<D)

And if it breaks 0.000045 we will have to analyse again.

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