Continuation of past Trade Analysis. XLM outperforming all altc
In my previous TA I suggested a strategy of buying below 3600. This would have resulted in very nice profits in the short term although long term I am still looking at 4100 as the next point of strong resistance. Bitcoin pushing through 6500 would be very bullish for Stellar, we would most likely bounce of first resistance at 3900 before pushing past to 4100. At this stage I would take profits.
Have fun out there.
Have fun out there.
Note
Target reachedTrade closed: target reached
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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.