XLM Exploded, are in the bullish move ?
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Hi everyone:
Stellar as expected have exploded to the upside once we see the completion of the HTF structure.
There was a LTF buy opportunity once price broke out of the structure, and form a continuation correction.
After that price continue to the upside massively, and now has consolidated a bit.
This is a good indication that price is correcting and we can see another strong bullish push up.
I would be patient here and wait for a LTF continuation correction to develop and finished to add to the buys.
Thank you
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Comments
good job, but I believe that correction will not retrace to 0.25 $, I think buy zone is on 0.33-0.35.
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@omda72, Oh yea price doesn't have to hit that, its just a rough sketch of a correction, I cant predict exactly what correction will form or how deep or long, but looking for a completion of a correction to look for buys. :) thx
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@omda72, We tested .27 on a wick but then came back up to .32 so I believe you are correct
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