Based on history, it seems like XLM is about to repeat it's wave pattern.
Currently we are given a momentum indication from 20 and 50 EMA.
The weak volume can be taken as another momentum sign as a silence before the storm.
Based on previous buying waves to the upside I expect the price of XLM to reach $0.75 before a correction.
Based on the trend of higher highs, another buying wave top will be at $1 per XLM!
I am in, how about you? Are you sold?
Good luck!
Currently we are given a momentum indication from 20 and 50 EMA.
The weak volume can be taken as another momentum sign as a silence before the storm.
Based on previous buying waves to the upside I expect the price of XLM to reach $0.75 before a correction.
Based on the trend of higher highs, another buying wave top will be at $1 per XLM!
I am in, how about you? Are you sold?
Good luck!
Note
Luckily I haven't sell any xlm which I bought at 0.414 and I am currently just shy of 20% up. Let's see how it goes!
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Related publications
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.