Live Trading 6: XLM

in #cryptocurrency • 6 years ago

This week we have another XLM trade. This time I sold my XLM at around 4850 sat level hoping it would come back down again so that I can re-purchase at a better price. 4850 has been tested a couple of times by now and seemed to be ready for another rejection. This is how the setup looked like on a 1-hourly chart:

6. XLM short early.PNG

After a couple of days of small candles XLM started pulling back down until it finally reached my target level of 4580 sat which was a high point previously reached on the 19th of April. This is the 4-hourly chart moments after I closed this trade:

6. XLM closed.PNG

Result is approx. 6% profit.

#altcoin #trading #bitcoin #investing
6 years ago in #cryptocurrency by
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