XLM prediction

BITFINEX:XLMBTC240

XLM / BitcoinBitfinex

Description

⋅ Nov 16, 2018 10:17 PM

folllows the trend lines closely.
Expecting monthly support at 4001 to hold and push back up to 4401.
easy swing trade.

Comment

⋅ Nov 17, 2018 9:45 AM

broke out of wedge but still trending down. Putting in a buy order at 4200. stoploss close as it might drop down to my first prediction at 4001.

Comments

silverback79

⋅ Nov 17, 2018 12:45 PM

how about now ? lol

jonaasp

⋅ Nov 17, 2018 1:17 PM

@silverback79, failed to break the 4440 monthly, i still believe in the drop

silverback79

⋅ Nov 17, 2018 1:25 PM

@jonaasp, give it a few hours.... it wouldnt be up here to not break out. Fundamentals are the strongest in all of crypto by a mile. Wrong place to be short. Its literally picking up pennies in front of a steam roller.

MahmoudTarhini

⋅ Nov 18, 2018 3:14 AM

Stellar is giving lessons for analysts these days. Learn.

jonaasp

⋅ Nov 18, 2018 11:55 AM

@MahmoudTarhini, yup :)

test000

⋅ Nov 17, 2018 7:42 AM

Broke out of this triangle

SMPTrader

⋅ Nov 17, 2018 1:24 AM

Nice chart. It’s clear, concise and easy to read :)