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thecryer
Nov 1, 2020 4:47 PM

Stellar XLM fast analyse Long

Stellar / TetherUSBinance

Description

This analyse is simple , everything is in chart.

Now Stellar still jumping on his support trend but still staying under BTC dominance.

- Buying zone is now
- Selling zone TP1 0.1$ ( Retest 61.8% Fibo)
- Selling zone TP2 0.15$ ( only if we get confirmations of a strong break out)
- Stop Loss is under 0.065$ if you buy now ( Also could be a good buy/rebuy Zone if the king dip again)
- i consider 0.065$ as a strong support cuz XLM bounced mutiple times from here.

Don't Forget to always follow BTC and drop shitcoins if BTC dip!
Never go all in. keep some juice for a rebuy or wait for a good zone if something went wrong.

Happy Tr4Ding !

PS : i will link my old analyse on XLM to make things clear.

Comment

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Old analyse from May 16

Trade active

0.1 Reached

Trade closed: target reached

TP2 0.15 Reached could push more
Comments
bestfarbit74
good idea
thecryer
@bestfarbit74, thank you bro!
Barrabert
So do you think XLM is a "shitcoin"?
thecryer
@Barrabert, interesting question and not easy to answer fast. Alts are too small marketcaps for now to go their own way, they are still young. they can be easily manipulated by whales and also by projects dropping their own coins. so until they prove they can fly by themself, i call them 'Shitcoins'. That said i have a bag of XLM, i just try to manage it and make it more big using TA to follow markets. sell high and rebuy Low.
Barrabert
@thecryer, Thank you for the detailed answer. I'm sure you would not just hold a bag of "shitcoin" and one day you will be very happy with your bag. Otherwise fantastic analysis, I really appreciate.
thecryer
@Barrabert, you are very welcome :D and calling them 'Shitcoins' is a bit sarcastic and fun :D future will be bright! Cheers !!
crypt0analyst_
perfect! 💯
thecryer
@crypt0analyst_, thanks for your kind comments!
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