Trades999
Long

Stellar Lumens (XLM) what to expect for long-term?

POLONIEX:STRUSDT   Stellar / Tether USD
Dear followers,

It's a long time ago... Let's analyse a coin that I have for the long-term. What we see are huge gains for Stellar today. What can we expect coming months?

Personally, I think that after a months of consilidation we are ready for a new bull market for crypto in general and I expect that XLM will be one of the biggest gainers in this bullmarket.

Analysis:
XLM broke out it's descending triangle and the macd gives a positive signal as well. XLM formed a very strong support zone (buy zone) and it might be possible that we will test it one more time. If so, this is a great chance to buy XLM . We need a close above the purple resistance level to receive bullish confirmation. As soon as that happens we we will reach our first target and after a backtest our second target.

Buy: Now, after a close with a daily candle above the purple resistance level or if we test the buyzone one more time.

Sell: If we close with a daily candle below the buyzone

Targets:
Target 1: 0.34
Target 2: 0.457
Target 3: 0.616

The blue arrows are the possible scenarios.

Happy trading and good luck!

Don't hesistate to ask me questions.
what is your
end of year target?
and what is your long term goal ? i mean in the first half of 2019 , and end of 2019 @Trades999
Reply
Trades999 berkinimamoglu
@berkinimamoglu, Difficult to say. But I think a marketcap like Ripple, around 20billion is reasonable. That's around 400% from here. Ripple is 22b now. I think XLM has more potential than XRP, because it's decentralized and they have McCaleb. For the long-term the market cap might be much more, it depends on a lot of things...
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bought at .30. confused about my exit. but surprisingly i saw its BTC pair went double from 4k to 8k in less than 8 hours today. something cooking like xrp i guess. Anyway thanks dude for the TA. good work
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@jarking, You're welcome!
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jelmer is back. nice.
+1 Reply
Trades999 GeorgeKajaia
@GeorgeKajaia, Thanks buddy!
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