Stellar lumens to 95 cents Long

Stellar / United States DollarCoinbase

Description

⋅ Oct 11, 2021 11:49 AM

A easy enough set up, price action has printed a falling wedge pattern and breakout on the weekly (below) with flagpole extension to 95 cents.

On the daily chart above price action has made a number of bullish moves, including:

1) Printed a ‘great buy’

2) Recovered the 21-week EMA (yellow line).

3) Made an impulsive move to the upper side of the Bollinger Band since ‘great buy’ signal. What’s not to like?

Is it possible for price action to fall? Sure.

Is it probable? Very unlikely.

Good luck!

WW

PS: I'm not in this trade so ask below if you're not knowing what to do when price action appreciates. Donations to cause would be a start ;)

Weekly chart

Trade active

⋅ Oct 13, 2021 2:56 PM

Breakout!!

Comments

suvny21

⋅ Oct 11, 2021 2:27 PM

this coin long time has been overvalue and will explode in a weird way

mmacheerpuppy

⋅ Nov 10, 2021 1:08 AM

@santana2331, Do you mean undervalued? Or do you think Stellar is vapourware?

PlaceboOwl1111

⋅ Oct 15, 2021 9:37 PM

Can you post a Qnt chart please 💙🙏

without_worries

⋅ Oct 20, 2021 2:27 PM

@PlaceboOwl1111, I don't know what that is. The ideas I do publish are with hours of study on multiple times frames. Do have the free time at the moment...

PlaceboOwl1111

⋅ Oct 13, 2021 10:24 PM

Please do an analysis on Qnt or fet🙏