Im long on XLM after todays drop! I think the ATH can be breached.
Its a little late, but since Im looking at these more as swing trades I am trading of the 4H chart, related to this is my earlier long on XRP too.
I think we can see a rapid push to the upside, but again, I trade in terms of probabilities and can close a trade at any given time, even tough I would love to hold on to these two for a little longer than normal!
The pattern:
Contraction ( Wedge ) leading to a rejection of 38.2% and RSI being low
Its a little late, but since Im looking at these more as swing trades I am trading of the 4H chart, related to this is my earlier long on XRP too.
I think we can see a rapid push to the upside, but again, I trade in terms of probabilities and can close a trade at any given time, even tough I would love to hold on to these two for a little longer than normal!
The pattern:
Contraction ( Wedge ) leading to a rejection of 38.2% and RSI being low
Note
The trade is going well, we've now locked it in. (moved SL into profit and secured 1k eur, current profit 7.4k)Note
Just bought some more
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.