TheAlchemist888

XLMBTC - Massive Profit Opportunity

Long
BINANCE:XLMBTC   Stellar / Bitcoin
XLM seems to be in a huge symetrical triangle.
Stop loss can be put just below the green line that is pointed out in the chart.

Major resistance levels are shown with red lines, after passing the second resistance, XLM can reach up to 10k satoshis. That is about %300 profit opportunity.

I wonder if its a coincidence that XLM was recently given a Halal certificate and there are rumors going around that it can be listed on Coinbase...

IBM is already working with their open source code with Hyper ledger fabric.

It is possible to write smart contracts on Stellar, send money across borders for almost no cost.

This coin has far too much potential and definitely have much more room to grow againts the satoshis.

4.2 billion market cap, can easily reach 10billion market cap with proper story/news...

My hopium filled guess is that XLM will take down Ripple soon...

However, will Bitcoin allow XLM to shine ? We will see...
Comment:
Going exactly as planned, should be bounce from the support soon enough...
Comment:
Bounced once and testing the support again.
RSI is looking up which is a good sign.

Looking forward for a healthy test at resistance =)
Comment:
Price is now below the first support.
Next day or twos critical support levels are 3100 and 3000.

Keep on watching with one hand at trigger.
Comment:
Well the bounce has happened a bit lower than I thought, as the whole altcoin market started turned bullish.
4 HOURLY looking overbought

Daily looking bullish. So a correction is needed than the run may continue upwards.
Comment:
Has gone into a short term downtrend channel but still over the support line and in buy zone.
Trade active:
Took a long time to but its well worth being able to see this beautiful run up.
Lots of room to grow, trail stop loss is a great option.
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