danishahmed

Stellar (XLM) - Bulls can take charge

Long
BINANCE:XLMUSDT   Stellar / TetherUS
bullish divergence on XLM USDT Pair. Price bounced from 0.618 fib.
I can place my bets on this pair. Make entries on dips. Expect good profits. SL below 0.063 DYOR and Use risk management for this trade.
Also have a close watch at BTC price too.
I would like to know your views on this trade.
Comment: Hope you had made your entry for this. Now it's starting to move, you can fix your profits gradually and can reenter on dips. Make sure to enter above the trend line. There is low probability it would fall under this again in short time.
Also Keep a close watch at BTC move It can give you chance to strengthen your trades. We buy on dips and sell on profits.
Comment: Price is below the trend line, make sure you are using Risk management, My SL is below 0.063 you can decide for your trades. BTC move does influence all alts move in USD. Keep a watch on BTC price, It can give you many good trading opportunities.
Trade closed manually: Trade is not looking nice now, I expected dips but this trade is not going as per the plan. You can exit the trade or use stop loss as per your risk management. If you are having some different ideas about this trade. Please share in the comments.
Trade closed manually: My target for TP is 0.07800, DYOR, and use risk management,
Comment: It could be forming an Inverse head and shoulders. but that would be invalidated if price crosses below 0.068, confirmation could be done above 0.072. That could be a very bullish sign. you can share your views on this idea.
Trade closed: target reached

Comments

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