XLMBTC - Show me the light! 39% gain Risk/Reward: 1:7
Here we have definitely one of my favorite projects, Lumen.
Lumen will probably conquer the world if Ethereum doesn’t get its sh!t together and have higher through-puts
As you can see, we’ve corrected nicely from the RSI divergence and have just bounced off the 200MA on the 4hr chart. We’ve completed the 4th wave (4) and now looking to have a 5 wave up to (5) at roughly 5800. As long as our supporting channel holds, we are solid.
Entry 4100
Stop 3875 or below 200 MA
Target top of parallel channel or 5500-5800, whichever comes first
R/R ratio: 1:8
Good luck and stay safe!
Kinashi San
Lumen will probably conquer the world if Ethereum doesn’t get its sh!t together and have higher through-puts
As you can see, we’ve corrected nicely from the RSI divergence and have just bounced off the 200MA on the 4hr chart. We’ve completed the 4th wave (4) and now looking to have a 5 wave up to (5) at roughly 5800. As long as our supporting channel holds, we are solid.
Entry 4100
Stop 3875 or below 200 MA
Target top of parallel channel or 5500-5800, whichever comes first
R/R ratio: 1:8
Good luck and stay safe!
Kinashi San
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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.