XLMUSD (Lumen) Stellar 05/01/18 9 p.m. EST by MMansfield. Hi trader friends! Stellar Lumen (XLM) appears to be at or near a Wave 3 high. This should be followed by a pullback to 0.3200 area (previous Wave 4 territory) then another wave higher that could take it into the 0.60s. REASONS: The longer-term cycle (blue) is strong up until mid-July so there is...
Hello Traders, Clear rejection of higher highs at 50 cents. Because of that stochastic sell signal and a break below the middle BB, we might see prices going lower and as such 30 cents is our ideal bear target before prices recover and edge towards 70 cents.
Hello Traders, The daily chart provides a perfect glimpse of Stellar Lumens price action and as you can see, XLM buyers are on top. Regardless of this strong Stellar buy pressure, proponents are yet to cash out and as long as stochastics remain bullish, that target-$0.40-might be tested today. After $0.40, early buyers can look move their stops to break even and...
Look to buy XLM at $0.20 with immediate targets at $0.30 and stops at $0.18