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karansingh7473
Dec 4, 2017 7:35 PM

XLMBTC | 4 HOUR |  

Stellar Lumens / BitcoinBittrex

Description

Okay. What do we have here?

Cup and Handle with corresponding volume spikes- Check!
Ascending Triangle which is actually the handle- Check!
Bullish Divergence in action- Check!

And it just broke out of the Bullish Chuashov Fork Breakout- Check!

Target 1- 1200ish sats (Ascending Triangle)
Target 2- 1600 ish sats (Cup and Handle Formation)

Trade closed: target reached

First target reached. It might take a while for this to recover though. Hope you guys pulled out profits before BTC went ballistic. GOOD TRADE !! Won't you agree? :)
Comments
onesteponeprint
Fantastic!
CharlesCoinCing
DROPPING LIKE A KITE W TOO MUCH STRING... STAY IN?
CharlesCoinCing
@CharlesCoinCing, Read chart wrong. its stable
karansingh7473
@CharlesCoinCing, Keep the targets in mind. It is yet to break the ascending triangle. :)
karansingh7473
@karansingh7473, I spoke too soon, I guess.
thomasfar6
Ascending triangle ;D
joeyd626
Plenty of good FA to go along!
December 7th Big Announcement?
To the moon!
karansingh7473
@joeyd626, What kinda announcement?
joeyd626
joeyd626
@karansingh7473,
Supposedly, there is at least one more major player involved the IBM / Lumen partnership and speculation is that it will be announced on 12/7
IBM just added eight Lumen nodes labeled for eight different countries.
XLM has great FA, and should keep flying at least until then.
Nice charting, btw.
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