lj_4b

Stellar falling wedge+2bl bottom. Target 3600

Long
lj_4b Updated   
BINANCE:XLMBTC   Stellar / Bitcoin
Chart is self explanatory. Low risk trade
Comment:
I will be shorting around 3050 for short term right to the 2850 where i switch to the long
Comment:
Micro-Short canceled)
Though it will hit for short term 3050.

Focus on buying dip
Trade active:
Open 2910
SL 2820
Comment:
Targets:
1. 3300
2. 3400
3. 3950
Comment:
We are trading around bottom and I can suppose that we may break our support at 3834 to trigger stops. Same situation was done by top alts and BTC.
After breakout of this low there may be a solid squeeze right to the 2800.

To avoid fake triggering for short term period try to hold your stops as far as your risk allows. Wait the candle close.
Comment:
As it was expected. We are extremely oversold, so there is no reason to sell more. Now you can place you SL under 2802.

Good luck!
Trade active:
Got my SL triggered tonight)
I have re-opened my position.

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