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:
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:
Result is approx. 6% profit.
