imfamousrajat

XLM-BTC Pending Correction?

Short
BINANCE:XLMBTC   Stellar / Bitcoin
Here's a quick update on XLM-BTC.

The price increased a lot after Coinbase listing news. As per me, It is now due correction.

I didn't look at any other indicators except volume . There has been a clear decline in volume but the price has been increasing steadily. As per my knowledge and observations, An increasing price, together with declining volume , is always, without exception, bearish .


Also, the volume oscillator is showing a loss of Bullish momentum. The reversal may occur anytime soon. I am expecting a correction upto 8-10%

Keep an eye out. Trade safely. Always remember, money not lost is also a profit.

Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!


Good luck trading.!
Peace.
Comment: 1st target reached. xD
Trade closed: target reached

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nice...
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