Get started
Beastlorion

All Good Things Must Come To An End

Short
Stellar Lumens / Bitcoin (BITTREX:XLMBTC)  
Beastlorion Updated   
BITTREX:XLMBTC   Stellar Lumens / Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns
30
16
trendanalysis harmonicpatterns chartpattern
Stellar has been a stellar ride, but sadly all good things must come to an end. Following the previously define fractal I watch for a breakdown and target the red boxes for covering. If it plays out all the way through perhaps there will be a new cycle in 2019.
Trade active:
In the process of breaking down. Position is secured.
snapshot
Comment:
Took some profit here. 4h and 1h RSI are getting very oversold and Bitcoin potentially looking ready for a retrace. Should bounce eventually and then cool off for a bit before it begins its next leg down.

snapshot
Comment:
Barely nipped the target zone. Bitcoin did end up pulling back, but it had minimal effect on altcoins
snapshot

Related Ideas

Beastlorion
Stellar Lumens .45 in 2018
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.