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MiyaMusashi
١ شباط فبراير ٢٠١٨ ٠٥:٢٥

Will XLM push higher? شراء

Stellar Lumens / BitcoinBittrex

الوصف

It looks like we may have put in a sub-wave 1 of a larger third wave structure. I'll be waiting for a pullback to the 4900 level before initiating a long position.



Full disclosure, I'm a newb so don't trade based on my TA.

Also, critique is always welcome. :-)

Happy trading!

تم فتح الصفقة


Bounce of the .618. Impulsive move up.

تم إغلاق الصفقة يدويًا

Stoped out. BTC brought down the whole market.
التعليقات
philrego
I'm shorting now. This double top is very similar to the one that happened in the spring. I believe the hype is mostly over for XLM and it will experience a large downtrend. I just finished shorting Ripple which had similar hype and it has produced a similar pattern like it did in the spring.
MiyaMusashi
@philrego, you could be right, there are a lot of traders suggesting the same thing. I rode the XRP wave all the way up, missed out on XLM so maybe it's just wishful thinking - we'll see what happens. I'll have a tight stop loss just in case.

Thanks for the comment!
philrego
@MiyaMusashi, sounds good. I'm going to be careful too your ta may be right if the trend is still intact
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