Is this true? If this pattern comes out just right then I think Stellar Lumens graph should be studied for real-life patterns. The pattern almost looks hard to believe in... So let's start
Stellar Lumen has made its highest price at 0.000063 BTC and is one of the strongest Altcoins in the market, it has partnership with a tech giant IBM. Stellar has been making a big beautiful cup having hits its prices at A(start of the cup), B(Bottom of the cup), C(the start of the handle) and now it looks on its way to hit D at the price of 0.0000366 BTC after which we should see it rocketing and I truly believe, in other words my prediction on this breakout is that it gonna make new high peak, as it is a strong altcoins with a big partnership+cheapest transactions between its competitors+fastest transactions too ;)
And what is that green pattern? This is a pattern inside a pattern, XLM has been forming "heads and shoulders pattern" on its way down to form the handle of the cup. Now after forming any right shoulder pattern we expect the price to go up + after forming the handle of the cup we expect the price to rocket! Does it ring a bell? This is only a pattern which if comes true we should be rocketing, however to confirm this pattern XLM has to correct and hit the price D where should confirm the pattern of "cup and handle" and "head and shoulders", so lets wait till the price hits price D= 0.0000366. If the pattern is confirmed we will be mooning!
Some indicators showing a slight movement down:
-Stoch RSI looks on its way down however we should soon seeing it at a 'oversold' level
-MACD is heading down
-Elliot Wave Oscillator is looking to start a small red wave
My advices on this trade is, if you are holding XLM then short for now and this are the buy backs, stop loss etc.
Buy-in=0.0000366-385
Stop Loss=0.0000345 BTC
Target:
1.0.000042 BTC
2.0.000046 BTC
3.0.000050 BTC
4.0.00006 BTC
Good Luck, Traders!
Stellar Lumen has made its highest price at 0.000063 BTC and is one of the strongest Altcoins in the market, it has partnership with a tech giant IBM. Stellar has been making a big beautiful cup having hits its prices at A(start of the cup), B(Bottom of the cup), C(the start of the handle) and now it looks on its way to hit D at the price of 0.0000366 BTC after which we should see it rocketing and I truly believe, in other words my prediction on this breakout is that it gonna make new high peak, as it is a strong altcoins with a big partnership+cheapest transactions between its competitors+fastest transactions too ;)
And what is that green pattern? This is a pattern inside a pattern, XLM has been forming "heads and shoulders pattern" on its way down to form the handle of the cup. Now after forming any right shoulder pattern we expect the price to go up + after forming the handle of the cup we expect the price to rocket! Does it ring a bell? This is only a pattern which if comes true we should be rocketing, however to confirm this pattern XLM has to correct and hit the price D where should confirm the pattern of "cup and handle" and "head and shoulders", so lets wait till the price hits price D= 0.0000366. If the pattern is confirmed we will be mooning!
Some indicators showing a slight movement down:
-Stoch RSI looks on its way down however we should soon seeing it at a 'oversold' level
-MACD is heading down
-Elliot Wave Oscillator is looking to start a small red wave
My advices on this trade is, if you are holding XLM then short for now and this are the buy backs, stop loss etc.
Buy-in=0.0000366-385
Stop Loss=0.0000345 BTC
Target:
1.0.000042 BTC
2.0.000046 BTC
3.0.000050 BTC
4.0.00006 BTC
Good Luck, Traders!
Comment:
The right shoulder is looking to finish before expected, so lets keep our eyes on XLM, the right shoulder is going to finish soon and that is when once we see it hit below 0.000037-369 the trend is more or less confirmed and its RE-BUY TIME!
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