The technical cross-section**:
A strength of trend: -1
The priority area of transactions: selling
Selling in the area of 1,1260 with a stop above 1,1290 and a profit in the area of 1,1200.
The purchase in the area of 1,11900 with a stop below 1,1160 and a profit in area 1,1260.
This trade is aimed at longer term holders. The market in all crypto's has shown a very strong start to 2019 with 5 clear impulsive waves up. Thus an ABC has followed and it is extremely likely that another 5 waves up will now follow. This is possibly the best opportunity to get into crypto as XLM has nearly reached the 0.618 retracement of wave 1. The target is...
Great chance to add some EOS into your portfolio. I'm sure 90% of traders missed out on the last bull run so now is your chance to ride the BIGGEST wave. You should ladder you buys during this pull back with a stop loss below the low of wave 1 (red line) and target a 1.618 extension of wave 1 added onto the end of wave 2.
This is not financial advice. This is only...