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ant187
23. Jan. 2018 14:32

XLM Scalp 

Stellar Lumens / BitcoinBittrex

Beschreibung

Good morning traders,

My second alt chart of the day. XLM! Back to my roots.

I was one of the first people calling a significant move upwards back in the day, but have been sticking to the main show BTC lately.

With that in mind, we are looking for a test of the recently formed upper fib resistance.

Key notes:
Fib target 4773
Bull flag target 5083

4 hour looks golden, big move should happen soon.


Once again, only thing that should prevent this is a further BTC spike downwards.

Trade wurde manuell geschlossen

I've exited my position as I don't like where BTC currently is.
Kommentare
cc247
Good call!
ant187
@cc247, Thanks, hope...somebody made some money on it :D

I made a few pips, but I'm 100% focused on the BTC price action right now.
brave_heart79
why trade closed? Great intuition!
ant187
@brave_heart79, Thanks, but I don't trade alts when BTC is about to do something crazy, just not my thing, so I bounced out.
brave_heart79
@ant187, soon will see disconnection between price pattern of some top cryptos with BTC. I think XLM will be part of that list.
ant187
@brave_heart79, You may be correct, but until then, when it dumps 10%, everything goes with it, I'm ultra conservative in this market right now to protect my investment, when things get back to normal I would leave a trade like this open.
brave_heart79
@ant187, thanks for your great analysis
rptle
@ant187, What do you mean by somehing crazy? do you mean an unknown big movement either up or down 50-50%? i understand that BTC is your homebase, same as it is for me. But i am hesitating,.. Stellar reaching 0.00015000 / 1.2$ seems more realistic in the mid terms than BTC to reach 42k.
I guess, the newbies wont buy BTC when its so expensive and will look for something cheaper that could be the next new orange.

m_wicked
Thanks for the update, sir.
jpdbasher
thx for the heads up, I was about to buy btc and xlm but doesnt look good at all!
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