raserrano
Long

#XLM follow up

BITTREX:XLMBTC   Lumen / Bitcoin
Falling below the support level from the previously formed wedge means that the direction will be down and looking towards the next monthly support level of 720 satoshis. This is a very strong support level and one of the lowest prices in a long time for #XLM. In my opinion it will go and test that support level before recovering to the previous monthly support of 2130 satoshis. Current prices seems to be a good entering point for long term trading. Keep looking at the descending wedge that has been pretty much the driving force of the current move, wait for the next move and break of it before getting aboard.
appreciated your content, in the end we are all students of the market and learning constantly from it, i also give the best value i can to the community, i'm sure you would like it
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