Stellar appears to be decoupling. In Stellar's history these trends do not last long. They often predate a big move for either BTC, or STR/XLM. My assumption is we will see some added volume in Stellar, and see the price raise slightly higher before either a BTC rally, or a Stellar fall will recouple the two. But there can be no better opportunity to make free coins than to take advantage of these types of conditions.
Keep a sharp eye traders!
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It is already looking like BTC and XLM(STR) will make an attempt to recouple and continue in a correlative move. This is what we would usually assume. The prices of one of these two coins was not correct, and that made this a beautiful trading opportunity. I plan on buying back in as a Long when correlation returns.
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XLM (STR) is either going to move MASSIVE... or the RSI is going to return to nominal, and the correlation between XLM and BTC will return. ...
Transaction en cours
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I'm preparing to go long when STR/BTC and BTC/USD are at parity once more, and the RSI isn't oversold.
@NotMyCupOfTea, If you want to be technical, its an arbitrage. Using the incorrect pricing of two securities to exchange or "swap" for a third. I moved from BTC to STR and STR to LSK or DASH if you look at my transactions, you'll see what I have "effectively" done, is scalp the coins separation from parity. It is incorrectly priced against USD. It is also incorrectly priced against most coins which trade against USD because of that. This makes a multi-pronged arbitrage very easy. It had to be exploited.
blessmywork
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@NotMyCupOfTea, It may be easiest to picture going SHORT BTC and LONG XLM, but doing so multiple times, and being careful, and ready, to cover when the two coins make corresponding moves towards correlation.
toxicenigma
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Nice! Good Eye!
blessmywork
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@joshwoodcock, Thanks my friend, gotta keep an eye out for how to make easy money. This is one of my favorite coins, so the eyeballs are always open