Stellar Lumen trading ideaStellar has been holding decent last 2 weeks, retesting crucial resistance at 4 cent area, looking for break-out! Combined with launch of Satoshi pay in December its only a matter of time!
Lumen
Poloniex, STR, Time to Rise and ShineAfter few months of bearish markets, finally it's time to rise Up, lumen is one of the coins that clearly shows upward movement in early stages these days, right now it's sitting on 505 Satoshies, but, the closest take profit target would be between 805 and 950, the next target that is based on resistance level is around 1280 to 1300. don't miss this golden entry time early in the new up trend on this market. What you see in the indicators are squeeze in momentum and volume indicators while the price is rising up, this is a very good news for those who know that after squeeze, at the time of expansion, there will be big moves on the price, why is this a good news? when the market goes up during the squeeze, there is a higher probability of strong upward movement on the price.
XLMBTC | 4 Hour | UpdatedRevised Chart . Volume curve in yellow corresponding to the Cup is a perfect textbook example of how it should be in a Cup and Handle (Reference- Bulkowski Pattern )
Also, double bottom forming in the handle. KABOOM! Target remains the same.
Stellar Lumens XLM/BTCThe last wave?
Target 2 = 667 (around 35% profit)
Target 1 = 594 (around 20% profit)
Buy zone = 458-492
Cut Loss = 394 *be prepare for BCH & BTC crazy movement! (*around 20% loss)
$XLM $STR ready 4 last leg upcompare $XLM with $BITB and it looks the same.. $STR just broke out.. looks like ready 4 last leg up..!
XLMBTC Stellar Lumens. It's just retracement :)In my opinion, Lumen didn't show it's real price yet, we have 1 more wave remaining and it already passed retracement and wave correction. Just buy it between 570-640 and wait for another x2 - x3. Good luck guys !
XLM after IBM collaborationTypical Falling Wedge Continuation Pattern.
Going to the moon :)
Here is a link for the news:
www.coindesk.com
