BillCharison

#XLM - Two Possible Trade Setups!

Long
BINANCE:XLMBTC   Stellar / Bitcoin
After the exist of an accumulation zone, Stellar is stuck between 750 and 797.

Trade setup: don't buy this asset for the current price. There are only two possible ways of buying one. Either at the support level, or after breakout of the resistance level.

In the first case stop loss should be placed slightly below the support level of 750 sats. In the second case stop loss should be placed slightly below the broken resistance of 797 sats.

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