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nvader
Apr 22, 2019 10:19 PM

XLMBTC Long

Stellar / BitcoinBinance

Description

Approaching 0.786 level. Good place for entry. Diverging RSI.
Comments
CryptoEngineering
Let's see how it goes!



nvader
@CryptoEngineering,It goes South ;)
CryptoEngineering
@nvader, Exactly dude :)
CryptoEngineering
@nvader, I am short / middle term bearish for it.
Do you also remember that XLM gave away so many coins with promotions recently such as Blockchain and Coinbase promotions?
It is not good for a short and middle term holders. Long term, It could be good for holders.
nvader
@CryptoEngineering, The project is overall good in my opinion with strong partnerships. However, chart as of now doesn't look good at all. Long term I see good potential for this coin, however short to medium term I think all eyes are on BTC. In any case, as I expect BTC to correct back down to 4000$ or even retest the 200 weekly MA, I do see price for XLM dropping significantly.

I will take a look at your profile. I see lots of charts there, might as well learn some tricks of yours as I just started more seriously with TA couple of months ago. If you can recommend some material (not the basics, I went through that) to learn from I would appreciate it.
CryptoEngineering
@nvader, Agree with you , dude!

I shared 4 books at this post, Please check it out.


At the same time, I strongly recommend you to read " THE MARKET WIZARDS" CONVERSATIONS WITH AMERICA'S TOP TRADERS By JACK D. SCHWAGER.|
You will love it.

You can find all these books free online on a pdf form.
nvader
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