Longing for Sats #5 - XLM/BTC
XLM/BTC pair has found support and I expect it to stay in this range for a bit before deciding to break up or down with increased volume (currently leveled out). I'm long with a stop loss.
Bullish if it breaks upwards to test resistance again
Very very bullish if we close above resistance
Bearish if it breaks down below support
Bullish if it breaks upwards to test resistance again
Very very bullish if we close above resistance
Bearish if it breaks down below support
Trade active
We retested the first big resistance but failed to break through. That's okay because the market is still looking bullish, and I think the momentum will send it flying soon.
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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.