XLM covered risk yesterday at potential reversal point, awaited a breakout and re-entered upon retest area and still building positions.
Clearer picture upon daily candle close.
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Not looking great will await the end of day closure for wick/candle body formations. If closing below 1135sats ill will leave it alone for a bit lol.
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Currently sitting at the mid-line of a potential parallel channel formation on medium-term TF. Will watch for spikes down past the midline and towards the previous candle wicks. If candle bodies close below these, then will close out for now.
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Still persevering with XLM here. I don't usually trade XLM and trying to adjust to the character of the price action. We will trade this Fibb extension located within the channel today and await the daily candle to move back into the green box. When that happens ill feel a lot more confident of continuation to the upside.
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*Yawn... 🥱🥱🥱
Rejected that break of the trendline and just literally boring me to death! May take my money and run at the next viable opportunity (aka break of the counter trendline.)
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I don't get that... few minutes after posting that comment... The trendline is broken!!
Will let it run for now. Sod's law
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Got really bored of the price action last night while other coins were dynamic. Decided to move funds to other coins. Was a good move.