Altcoin_Hero

XLM Double Top forming

BITTREX:XLMBTC   Lumen / Bitcoin
Another double top that might indicate a small correction before it goes back upwards. Caution with your trading as xlm             is pretty bullish and it might not correct.
Trade active: Hit the 5500 support as anticipated and bouncing back up.
Trade closed: target reached
What do you think now
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Altcoin_Hero KurtDiesel
@KurtDiesel, New thoughts here:
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Dude XLM will not stop, technical is not everything in crypto.
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Altcoin_Hero cryptopathshala
@cryptopathshala, You are right, however a correction is often needed for a more healthy uptrend in my opinion. That is what we saw with the dip to 5500 to the yellow line.
+1 Reply
TuyaB Altcoin_Hero
@Altcoin_Hero, thanx for the chart. How about the targets?
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buying on a double top is risky. wait for the dip or the breakout
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cborges jeremyalain
@jeremyalain, thank you.
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So you think it’s a good time to buy now? I already own some but Would like to get more.
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