DanteBouzas

XLM buying opportunity ahead?

Long
KRAKEN:XLMUSD   Lumen
IS there a buying opportunity in XLM and other cryptos coming? Last night I got a buy alert signal from my Tradingview Strategy and when I woke up this morning most crypto was green. I took a look at the XLM daily and noticed that there is a higher probability the market will retest its previous highs if price closes outside on the green lines. We are looking for price to increase, volume to increase and volatility to decrease. I would open a long position of 50% risk on close of today(if outside the green lines) and then add 10-20% risk to position every 20% move up.
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