POLONIEX:STRBTC / XLM/BTC is ready to go for roughly 600% profit from here. it made a higher low from its most recent lowest low post-China news. additionally, it's a fork of Ripple (XRP/BTC); Ripple is about to have an absolutely HUGE conference in 2 weeks with big names speaking there (see my most recent chart for more info). because of this, the long-term chart follows Ripple. however, I think Lumens is significantly more undervalued. I own a lot of this and will be selling around the 2nd labeled target price of ~1764 satoshi. this would also bring it to the same marketcap ranking of its maximum hype level around May-June.
trade at your own risk.
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currently on target; this is our next one based on pattern projection of this bullish flag
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so actually this is a descending wedge, not a bullish flag. the pattern is still bullish, though - in this context, it's a continuation pattern. we're geared up for another big pump.
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next target ~365 sat range based on this ascending triangle. hopefully this means the next leg up is about to start
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bullish continuation pennant. it will probably break this because it has a lot of attention on it now due to the recently announced IBM partnership. it will go higher than this on Bittrex vs Poloniex because XLM on Bittrex leads it.
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this is my current outlook. I see the next big leg up taking it beyond 1100 satoshi.
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current outlook. target level based on bullish flag pattern. will most likely go beyond that due to heavy FOMO.
note that altcoins like this are more difficult to chart due to being heavily dependent on the movement of Bitcoin.
@team_USA They will talk at Money USA, Vegas, on Thursday 24th Oct, at 3PM-4PM, which is the worlds best money forum. Maybe an impact on price while bitcoin will bleed towards 5K.
team_USA
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@gokseluysal, yes I've heard. there are some big players at that conference. very excited to see how it develops!