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RodolfFlocon
12 juin 2019 01:20

XLM: a breakout up soon?! Long

XLM / BitcoinBitfinex

Description

XLM is slooooow lately. Not a lot of volume and we are just ranging around the 1550 area for days now.

Lets take a look at the timeframe: stoch RSI is OVERBOUGHT everywhere ... except in 1D ! So, we may be ranging for a while still but the moment we are taking down the 0.20 Stoch RSI we might see more action.

Also, be careful of BTC movements which are really inconsistant these last weeks. A BIG move down for BTC might hurt XLM but except that I think it's time for A BREAKOUT UP. Of course, some more interesting news from Stellar foundations about its concrete use could help. Like, you know: which banks would like to partner with them and use XLM!

Buy today or wait for a little more action up or down.
Sell target: 2900 to 3200 sats.

Attach your belts ladies & gentlemen.

Transaction en cours

Huuuuh. We are going to touch soon a main support. I'm quite afraid to what's going to happen here. I'd wait for a rebound at 1500 sats before buying any.
Commentaires
CryptoEngineering
If you want to be a master on trading, You must review over thousands charts! And, sleepless nights!


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