Hello again. Thanks for checking out my analysis.
As we can see on the daily chart, XLM/BTC was making some nice price movement until May 1st when BTC crashed and brought the entire world down with it.
Stellar dropped 30% from its month high, which isn't too bad compared to other alts.
Trading volume increased significantly on May 25th and the price is yet to really respond.
Indicators are all confirming reversal here and it just might be right timing for a nice price jump.
My trading strategy for XLM/BTC on Biance or Bittrex as posted on my Discord:
bit.ly/Redking_NerovDiscord
XLM on Binance and Bittrex
Buy up to 4000
T1: 4400 10% profit potential
T2: 4800 20% profit potential
SL: 3400
Daily Volume: 3788 BTC
Rating: 3 out of 5 stars
As we can see on the daily chart, XLM/BTC was making some nice price movement until May 1st when BTC crashed and brought the entire world down with it.
Stellar dropped 30% from its month high, which isn't too bad compared to other alts.
Trading volume increased significantly on May 25th and the price is yet to really respond.
Indicators are all confirming reversal here and it just might be right timing for a nice price jump.
My trading strategy for XLM/BTC on Biance or Bittrex as posted on my Discord:
bit.ly/Redking_NerovDiscord
XLM on Binance and Bittrex
Buy up to 4000
T1: 4400 10% profit potential
T2: 4800 20% profit potential
SL: 3400
Daily Volume: 3788 BTC
Rating: 3 out of 5 stars
Đóng lệnh: dừng lỗ:
Trade closed SL hit
