Long Stellar Lumen: Ascending triangle + Events/News pending
-XLM has been rejected from the blue line multiple times, but the higher lows have created an ascending triangle.
-Break of the blue line + volume likely a massive move upwards.
-December holds a couple different events for lumen and some speculators think another big IBM-type announcement may be pending, but that's just rumor at this point.
Either way, i'm balls deep in XLM. Only thing that makes me wary about alts is this massive BTC bull run, but it appears some of the hottest alts are moving upwards with it for synergistic gains. Good luck!
-Break of the blue line + volume likely a massive move upwards.
-December holds a couple different events for lumen and some speculators think another big IBM-type announcement may be pending, but that's just rumor at this point.
Either way, i'm balls deep in XLM. Only thing that makes me wary about alts is this massive BTC bull run, but it appears some of the hottest alts are moving upwards with it for synergistic gains. Good luck!
Note
Resistance broken: Slingshot engage.Note
That's what i'm talking about.Trade closed manually
Wow. What a run.
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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.