XLM/BTC - SWING/POISTION TRADE SET UP. ( #CCT- TRADING )
Updated
XLM (STELLER) In Consolidation sitting on monthly support , looking to make a move and break outup from the 2k-2150k (satoshi) range,
Into a rally up to previous lower high's. If validated we could see a nice run towards the 3k-4k mark with a top of 4800/4900 HTF
(HIGHER TIME FRAME) looking at the 1M - 2W CHARTS, taking a look at LTF (LOWER TIME FRAME) SHORT TERM targets in the 2250-2680 range.
We will be laddering BIDS down to the 2k (satoshi) mark. with a stop loss sitting on 1938 for any invalidation on 1m support and Elliot wave.
Into a rally up to previous lower high's. If validated we could see a nice run towards the 3k-4k mark with a top of 4800/4900 HTF
(HIGHER TIME FRAME) looking at the 1M - 2W CHARTS, taking a look at LTF (LOWER TIME FRAME) SHORT TERM targets in the 2250-2680 range.
We will be laddering BIDS down to the 2k (satoshi) mark. with a stop loss sitting on 1938 for any invalidation on 1m support and Elliot wave.
Trade active
first BID Filled 2150Trade active
ALT: XLM (Steller)Trade: Swing/Position
TP 1 (2250) -
Profit: 6%/7%
Reach: 2375 (12%/13%)
Status: Active:
Note
On our way towards TP 2, SL To entry for 50% of order after we hit.Trade active
TP 2 (2392) HITProfit: 13.90%
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