Dear Traders,
Stellar is printing a hidden bullish divergence with RSI making lower lows and price action showing higher lows.
I am very cautios with this Trade, since BTC might not behave. I would like to see some bullish consolidation below resistance for btc, so alts can catch up.
Any violent move to the upside or downside would not be good vor alts at the moment.
However, the turquoise line will be a profit taking zone of a good 25 % trade from current levels.
If stellar really explodes it can go way higher. so i will only take up to 50 % proft and let the rest run.
After next swing high adjust stopp loss to breakeven to create a risk free trade.
Stay safe out there.
Cheers MadX
Stellar is printing a hidden bullish divergence with RSI making lower lows and price action showing higher lows.
I am very cautios with this Trade, since BTC might not behave. I would like to see some bullish consolidation below resistance for btc, so alts can catch up.
Any violent move to the upside or downside would not be good vor alts at the moment.
However, the turquoise line will be a profit taking zone of a good 25 % trade from current levels.
If stellar really explodes it can go way higher. so i will only take up to 50 % proft and let the rest run.
After next swing high adjust stopp loss to breakeven to create a risk free trade.
Stay safe out there.
Cheers MadX
Trade active:
hidden bullish divergence confrimed. Took about 20 % profit on that first spike.
Now I adjusted stop loss to .31 cents. Risk free trade from now on.
Now I want to see a higher high above .41 cents.
Lets see how this plays out. Alts looking good at the moment.
Cheers MadX
Now I adjusted stop loss to .31 cents. Risk free trade from now on.
Now I want to see a higher high above .41 cents.
Lets see how this plays out. Alts looking good at the moment.
Cheers MadX