TradingView
jpbrown1023
Oct 7, 2019 12:35 PM

XLM - Inverse Head and Shoulders Setup, Ready for Takeoff (~60%) Long

Stellar / BitcoinBinance

Description

XLM has a great setup here. You can see the rounded bottom it has formed since last month. It has reset the RSI from the previous pump and is forming a right shoulder of an inverse head and shoulders pattern. I think we may see big volume like we did last time and hit our target pretty quickly if this takes off. I'm entering here and buckling up!


Did my idea help you make a successful trade?
Donations are always welcome and much appreciated!
BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU
ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6
XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
Comments
RickDeutsch
when are you thinking we may hit that 850-900 sats mark?
jpbrown1023
@RickDeutsch, your guess is as good as mine, but I'm going to venture within the next day or two.
RickDeutsch
@jpbrown1023, xlm is fickle. No rhyme or reason for some of it's movements. But then again, I guess that's the whole crypto market in general
More