astronautdotgg

Cup and Handle - XLM

Long
BINANCE:XLMBTC   Stellar / Bitcoin
XLM is a stellar project that I am in for the long run, however there is a fantastic short/medium term opportunity to make money. I normally don't post about cups and handles, but there is a very apparent one forming on XLM and that tends to be a bullish indication. Enough people that see a cup and handle will psychologically encourage a lot of people to allow this formation to complete and lead to a bullish drive. The MACD seems to be allowing for a dip to occur, in which I believe 4,000 sats will be my personal entry price. I am setting a stop loss at 3,800 sats and I am hoping to achieve atleast 4,400 sats. I have set alerts to let me know when the price drops below 4,050 sats and I will begin scoping out buys.

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