hi guys,
Ive told some people about my wish to post some of my recommended coins, named 'Serie A coins'.
I iniate this serie of post with Stellar Lumens, also know as XLM.
First i will talk about TA projection and second, why XLM qualify as a Serie A coin
On this chart we see a classic 1-5 wave with a retracement, on shorter time frame we see number of indicator showing a consolidation. This projected consolidation could lead XLM to re-test the top. If this attemp is failed then a double top is a strong indicator of a bigger retracement.
Double top projection (bearish) :
The bullish alternative count if top resistance is broken :
Criteria that make XLM a Serie A coin :
And much more !
I hope you will aprreciate the 'Serie A coins' posts.
Simon
Ive told some people about my wish to post some of my recommended coins, named 'Serie A coins'.
I iniate this serie of post with Stellar Lumens, also know as XLM.
First i will talk about TA projection and second, why XLM qualify as a Serie A coin
On this chart we see a classic 1-5 wave with a retracement, on shorter time frame we see number of indicator showing a consolidation. This projected consolidation could lead XLM to re-test the top. If this attemp is failed then a double top is a strong indicator of a bigger retracement.
Double top projection (bearish) :
The bullish alternative count if top resistance is broken :
Criteria that make XLM a Serie A coin :
- Multi usage cryptocurrency : Remittance-Micropayments-Mobile money (source : stellar.org/)
- Partnership with Satoshi Pay (source : medium.com/@SatoshiPay/satoshipay-partners-with-stellar-org-4288ae0baa72)
- Partnership with IBM (source : stellar.org/blog/IBM-KlickEx-Partnership/)
- Active community
- Good long term hodler dominance
And much more !
I hope you will aprreciate the 'Serie A coins' posts.
Simon
Note
touched 2 times our support line. if lower highs, support could brokeNote
bounced at the exact projected position shown by yellow arrow!Trade active
follow the projection
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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.