Stellar/Bitcoin 4hr Binance...Waiting For That Sweet Spot

Hello all. While Bitcoin struggles in a No Trade Zone, I have been quietly following a few of my favorite coins to trade. And Lumens is def one of them.
When we hit our targets and take our profits, we look for reload opportunities. Then we step back and look for that risk/reward we love so much.
I have received feedback that my charts can become quite cluttered. For this I apologize, but that is what is takes. With this TA I will focus on a broader look at Stellar Lumens, with only a few basic indicators to help those follow a but easier.
TA Time:
Lookin back at Lumens, we had great runup from some technical pivots and a classic double bottom. Although I do have a bullish and bearish count, I have my eyes on the 50 retrace, under the assumption that we have completed a 5 wave series. I am looking for subdivision in this obvious correction, 3 waves down. I may trade the B wave if I get confluence for higher prices. Until then... I sit and wait
Educational for all...
--longmoney
When we hit our targets and take our profits, we look for reload opportunities. Then we step back and look for that risk/reward we love so much.
I have received feedback that my charts can become quite cluttered. For this I apologize, but that is what is takes. With this TA I will focus on a broader look at Stellar Lumens, with only a few basic indicators to help those follow a but easier.
TA Time:
Lookin back at Lumens, we had great runup from some technical pivots and a classic double bottom. Although I do have a bullish and bearish count, I have my eyes on the 50 retrace, under the assumption that we have completed a 5 wave series. I am looking for subdivision in this obvious correction, 3 waves down. I may trade the B wave if I get confluence for higher prices. Until then... I sit and wait
Educational for all...
--longmoney
Dagangan ditutup secara manual
XLM chart next up. Let's close this one outPenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.