Long
XLM-USD this is a time to buy , not to short

stellar has followed its previous pattern and made a full retracement back to its strong uptrend support.
I am expecting we will go up from here and break up of the consolidation
Note: this is not financial advise.
I am expecting we will go up from here and break up of the consolidation
Note: this is not financial advise.
Note
not much to update. Slowly rising up :))Note
all eyes to StellarNote
ZRX, then BAT. What's next ? XLM ?? :)))Note
overall we are still in good safe. It looks like that stellar is taking the slow rising approachNote
BCHSV is destroying markets again.Note
however with the current bearish sentiment of btc, we can't rule of the possible of breaking down . Right now weekly candle doesn't look nice . It is a failed break out with big red volume candle. Next week candle will be important which will tell us whether the decline will be continued on or notNote
I strongly discourage to sell XLM right now at the current price. Stellar are being accumulated hard on poloniex .Note
free fall. Everyone is in panicNote
we are in a bear market now. Don't go counter trend . I admit that i was bullish last month. However, after the strong support was broken on bitcoin and altcoins, we have to admit our defeat to the bear and follow the trend. For bitcoin, 2.8$-3k$ is a critical support which will match to 0.1$ on stellar. We will expect to have some bounce around there. Price won't pierce through critical support easily . However, it doesn't mean that we get the final bottom at those levels. It really depends on volume and price action there. So be prepared to see 0.1$ level soon on stellar guys. Stay safeDisclaimer
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.
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.