🎓Market Update🎓
Good day fellow traders and crypto enthusiasts. This is Lord Horst, announcing my return.
I have spent this weekend getting up to speed with where we are at. With regards to the big mover Bitcoin, it is trapped within this no trade zone. We will be watching closely for the signal that confirms direction as the week kicks off, but our bias is to the short side for the time being.
Alt market is showing strength across the board. Many currencies display signs of accumulation. They have been bustling with activity between the big moves on BTC.
It remains to be seen whether or not this accumulation cycle will end in favour of the bulls. A bullish BTC will send the accumulation plans into a tail spin. More on this later!
▪️ #LTC ▪️ #XLM ▪️ #IOST ▪️
Good day fellow traders and crypto enthusiasts. This is Lord Horst, announcing my return.
I have spent this weekend getting up to speed with where we are at. With regards to the big mover Bitcoin, it is trapped within this no trade zone. We will be watching closely for the signal that confirms direction as the week kicks off, but our bias is to the short side for the time being.
Alt market is showing strength across the board. Many currencies display signs of accumulation. They have been bustling with activity between the big moves on BTC.
It remains to be seen whether or not this accumulation cycle will end in favour of the bulls. A bullish BTC will send the accumulation plans into a tail spin. More on this later!
▪️ #LTC ▪️ #XLM ▪️ #IOST ▪️
🎓 Altcoin Margin 🎓
🎓 #XLM/BTC - View Chart
🔸Signal Info: Stellar
M.C. Rank: #10
Exchange: Binance (Trade)
Direction: LONG
✖️Leverage: x3
🔸 Analysis: Stellar has been going wild again. It happened to wipe out all sell orders on Bittrex earlier. Clearing about 500BTC on the exchange today and pumping a high of 1500sats!
Price has pulled back following this move, and I have identified a trending upward channel. It has been respected on the more steady Binance chart. First targets up and the top side of the channel.
🔸Current Price: 0.0000879
Entry: 0.0000880
Take Profit: 0.0000947, 0.0001000, 0.0001060
Stop Limit: 0.0000849 (-3.3%) x3
🎓 #XLM/BTC - View Chart
🔸Signal Info: Stellar
M.C. Rank: #10
Exchange: Binance (Trade)
Direction: LONG
✖️Leverage: x3
🔸 Analysis: Stellar has been going wild again. It happened to wipe out all sell orders on Bittrex earlier. Clearing about 500BTC on the exchange today and pumping a high of 1500sats!
Price has pulled back following this move, and I have identified a trending upward channel. It has been respected on the more steady Binance chart. First targets up and the top side of the channel.
🔸Current Price: 0.0000879
Entry: 0.0000880
Take Profit: 0.0000947, 0.0001000, 0.0001060
Stop Limit: 0.0000849 (-3.3%) x3
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓 Altcoin Margin 🎓 🎓 #XLM/BTC - View Chart 🔸Signal Info: Stellar M.C. Rank: #10 Exchange: Binance (Trade) Direction: LONG ✖️Leverage: x3 🔸 Analysis: Stellar has been going wild again. It happened to wipe out all sell orders on Bittrex earlier. Clearing…
🎓 Trade Update 🎓
🎓 #XLM/BTC - View Chart
Stellar is reaching a point of failure on this trade. It could be morphing into a flat bottom wedge, but when changes like these occur. Price usually sees some pretty wild volatility. Either way the channel has broken down on this lower time frame. Contact with the rising red trendline will call for an early exit ~862sats.
🎓 #XLM/BTC - View Chart
Stellar is reaching a point of failure on this trade. It could be morphing into a flat bottom wedge, but when changes like these occur. Price usually sees some pretty wild volatility. Either way the channel has broken down on this lower time frame. Contact with the rising red trendline will call for an early exit ~862sats.