XLMBTC has been building a huge base. Once it breaks 0.000013 I expect this to go into price discovery against USD.
Primary target is 0.000026
Primary target is 0.000026
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:-O
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Waiting for BTC to make another low around 43k possibly to enter seXLM.
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Reaching some resistance here. Would like to see some consolidation and retest support below from where we built our base. XLM tends to move pretty sharply though.
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I know this price action looks unreadable, but the wick into kumo support tells me that this is washing out stops before grinding higher. I expect the candle bodies to follow something along the lines of the squiggle still. Any candle close under kumo the trend is done and we are going much lower. I will trust my system until proven wrong. Manage accordingly.
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This idea is ded. Apologies for the lack of updates on this. Took a break from the charts for a bit.Trade closed manually
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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.