$XLM just did something worth talking about, here is what I am seeing right now. Here is the trade.
Entry: 0.1591-0.16005
TP1: 0.15639
TP2: 0.15479
TP3: 0.15319
SL: 0.16283
Price pushed into this zone and got rejected hard, sellers showed up exactly where I thought they would. This is a short, not a dip buy, and the structure up here is looking heavy.
Risk sits at 0.16283 and that keeps this trade clean. Anything above that level and the whole idea is wrong, simple as that.
You taking the short or waiting to see it break down first?
DYOR fam.
$XLM $BTC
Entry: 0.1591-0.16005
TP1: 0.15639
TP2: 0.15479
TP3: 0.15319
SL: 0.16283
Price pushed into this zone and got rejected hard, sellers showed up exactly where I thought they would. This is a short, not a dip buy, and the structure up here is looking heavy.
Risk sits at 0.16283 and that keeps this trade clean. Anything above that level and the whole idea is wrong, simple as that.
You taking the short or waiting to see it break down first?
DYOR fam.
$XLM $BTC