W0lfRAider

XLM on her way to 1.4 dollar minimum

Long
W0lfRAider Updated   
COINBASE:XLMUSD   Stellar
I have posted some XLM Ideas in the past (view links for some of them). In this new Idea make the case for XLM reaching at least 1.4 dollar. As we can see, XLM follows a clear technical roadmap within a parallel channel . XLM has witnessed some resistance of the former high recently, but is absorbing a we speak the downwards pressure. Once the former high is cleared, the top of the parallel channel is the logical target. Depending on the speed of the movement, the price target will alter. It is safe to say 1.4 dollar is easily in the cards.

On top of that, the XLMBTC chart looks super sweet as well, as I will explain in another Idea later today.

As I have done in previous Ideas, I will provide updates quite regularly with some other charts included, from various timeframes. Happy and safe trading everyone!
Comment:
Still on track. The ones who know me (from chat or stuff), know I focus now on alteth pairs. It will be the main driver going forward. Guess what? XLMETH looks super sweet. Let's roll!
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