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A_No-1
Sep 12, 2020 7:04 PM

Long XLMXBT  Long

Lumen / BitcoinKraken

Description

Oscillator flashed BUY signal a few days ago, but the EMA of the RSI still had a downward slope so I wanted to wait until it started to turn upwards. Price confirmed bullish bias with a bounce off of a year long support line. SSL has also flipped green. Not looking for a huge move, but I think it's fair to expect to reach the 1ATR level, at which I will lock in 50% profit, move stop to break even, and let the rest run with a trailing stop of 1ATR. The second half usually gets stopped out but at least the position has locked in some profits and leaves some working just in case.
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