hi guys,
Ive told some people about my wish to post some of my recommended coins, named 'Serie A coins'.
I iniate this serie of post with Stellar Lumens, also know as XLM.
First i will talk about TA projection and second, why XLM qualify as a Serie A coin
On this chart we see a classic 1-5 wave with a retracement, on shorter time frame we see number of indicator showing a consolidation. This projected consolidation could lead XLM to re-test the top. If this attemp is failed then a double top is a strong indicator of a bigger retracement.
Double top projection (bearish) :
The bullish alternative count if top resistance is broken :
Criteria that make XLM a Serie A coin :
And much more !
I hope you will aprreciate the 'Serie A coins' posts.
Simon
Ive told some people about my wish to post some of my recommended coins, named 'Serie A coins'.
I iniate this serie of post with Stellar Lumens, also know as XLM.
First i will talk about TA projection and second, why XLM qualify as a Serie A coin
On this chart we see a classic 1-5 wave with a retracement, on shorter time frame we see number of indicator showing a consolidation. This projected consolidation could lead XLM to re-test the top. If this attemp is failed then a double top is a strong indicator of a bigger retracement.
Double top projection (bearish) :
The bullish alternative count if top resistance is broken :
Criteria that make XLM a Serie A coin :
- Multi usage cryptocurrency : Remittance-Micropayments-Mobile money (source : www.stellar.org/)
- Partnership with Satoshi Pay (source : medium.com/@SatoshiP...lar-org-4288ae0baa72)
- Partnership with IBM (source : www.stellar.org/blog...KlickEx-Partnership/)
- Active community
- Good long term hodler dominance
And much more !
I hope you will aprreciate the 'Serie A coins' posts.
Simon
Comment:
touched 2 times our support line. if lower highs, support could broke
Comment:
bounced at the exact projected position shown by yellow arrow!
Trade active:
follow the projection