Blockchain_rekt

XLM ready to go up +60% ... Serious ?

BINANCE:XLMBTC   Stellar / Bitcoin
477 0 4
$XLM looking like it wants to go up.

From a pure TA if we consider that we're in a symmetrical triangle, if we break by the top, the target could be 77 satoshis -> which would be ~$1 if BTC             is close to $14'000

This will not be achieved in 1 day, several days/weeks.

The buy signal will be:
- triangle exit by the top
- significant volume kicks in and stays
- RSI down right before the breakout


Be patient, take some profits after +10% and +20% and let the rest run.

If the triangle breaks by the bottom, it's BAD, next support at 4350sat.

Follow me on twitter to have all my thoughts and TAs: https://twitter.com/Blockchain_rekt

Some tips:
Don't engage too much on this trade, less than 5% of your trading portfolio is in general a good %.
Only trade what you can lose. Take profits and place stop losses.

Disclaimer:
This is not a financial advise or a buy recommendation, trade a your own risk, in this highly risky market.


交易進行: I'm not seeing the breakout by the bottom. We'll have to see in the coming days if it gets back in the triangle and continues the pattern. Keep waiting.
交易結束:達到停損點: Don't enter the trade. We saw exactly what we did not want to see.
That tells you how risk to enter before a confirmation.
Great we did not get in.
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