Short

XLMBTC: Impending BART

By Teklologist

Updated

XLM will likely drop back towards 1850-ish prior to rallying.

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1855ish

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Hopefully no one lost any money on that, but sometimes you have to fake out the bots.

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Hmm... ok. Possibly broke above falling wedge, or still on way to reaching D. If price breaks above A price then definitely out of wedge.

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Yep. Accidentally posted update in comment. GG. Phone: 1 Me: 0.

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Familiar? Check out BTC price pattern at bottom.

Order cancelled

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Woo glad I didn’t cancel the entire order. Price dropped and I bought in at 1860. Continuing to eye to potentially further buy in at lower prices.

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Got more at 1851. Done buying in. Though might go further down. Seems possible for price to drop as low as 1794. Dropping lower than that would breach major support.

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If we bounce here then next stop 1800. Hopefully that would be bottom. Might continue up though.

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Let’s see whether price holds above here.

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Looking good price-wise but not much of volume confirmation.

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Could be back towards 1800 or might be fakeout.

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Also, could be testing support based on previous chart.

Teklologist

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