aozan88

First 'short' Then 'long' Look on XLMBTC

aozan88 Updated   
BITTREX:XLMBTC   Stellar Lumens / Bitcoin
FA :

- Has a Beta event in May but in overall there are not so many critical events exist till 'Lightning Network' - in the end of 2018-.
- One of top 10 coins on the marketcap. Means, "Keep Calm, Buy Low and Hodl"
- Has its own Decentralized Exchange. You can buy it with inner peace.
- More than 60 options to trade XLM on several exchanges with several parities.


TA :

- Red Line : 20MA, Green Line : 50MA, Blue Line : 200MA. You can see the similarity between those lines reported in circles and vertical-blue-lines.
- One of the similarities between circles is 20MA has just crossed 50MA downwardly. They will reach the 200MA in next month with a "Falling Knife". All the MAs will come together when the price fall below them.
- We will see a huge correction in the upcoming 'bearish' months of XLM. 20MA & 50MA says it will be 'bearish' period, not me. But overall trend is bullish as you can see from 200MA.
- Also fib levels as supports and resistances are very clear.
- It will touch again its initial value~2000 satoshis at the 4th wave of Elliot which is also a fib-support and under the MAs-reach-point.
- Fib-support around 2000 satoshis will be broken down and turn into a resistance. Support and resistance are both generate an accumulation zone under MAs-reach-point. And we will call it 'buyzone'.


Overall :

- It is a very Long Term Trade as you can see frankly. Don't take it as a Daytrading Advice.
- As you see I am very short for Stellar in the coming months. But after that, XLM can 'moon'
- Big Green Box is Buyzone : 1500 - 2000 satoshis. We can reach it in Q2 of 2018.
- Target is 8000 - 10000 satoshis. It will rise in Q4 of 2018.
- Time is 9-12 months.
- Potential is between x4 and x7 if you WAIT FOR THE DIP/BUYZONE

Please comment if I have mistakes. Good luck.
Trade active:
Despite awesome news & event like IBM partnership; TA says there is an H&S pattern is possible.
So there are two ways :
1. H&S will fail and XLM will go on this level
2. H&S will happen and the 4th wave will become definite around 2800-3000 satoshis


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