TheMagpie

XLM/USD: Cup and Handle Formation Confirmed

Long
BITFINEX:XLMUSD   XLM / Dollar
First TA since my ban was lifted yesterday! (Formally known as TragicShitCannon.
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Cup & Handle confirmed on the Daily which we have now broken. Short term future looks good for Stellar .

Money 20/20 Could be significant, possible dump after conference if thereis a big pump (which I expect) beforehand, watch closely. BTC breaking above downward trend line which is a good indicator.
Comment: Looking good. Watch BTC movements..
Comment: Staying inside channel presently. BTC with 1-2% increase.

Comments

XLM has dropped out of the bottom of the area market in the TA. BTC seems to be moving from 3900 to 4050, A lot depends on BTC movements. I see the possibility of Bitcoin hitting 3800 and XLM following accordingly.



The other scenario is BTC Rising past this 4100 Mark and continuing an upward trend. Again XLM would continue to rise in value in this circumstance.
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TheMagpie TheMagpie
@TheMagpie, I am still expecting gradual growth for XLM.
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