its just a matter of time until xlm moves! its been building the same patterns over and over again since the 0.12 area consolidation / retracement zone then push up retracement then push up again
the last high took us to roughly 0.6083 with a low point of 0.31 and we have entered a long consolidation zone doing lower highs while maintaning 0.35 support.
Buy the bottom of the channel for a better reward ratio or wait for a break out of 0.44 !
the next leg up should be to about 0.80 - 0.94
NO FINANCIAL ADVISE -DYOR Patience is key. Risk management is MUST.
if this idea help you you are welcome to donate :) XLM WALLET: GBCMBLMGL2D3I2HTCKZ6HB2KPXYJ4DVBF4J7GQD2BRORMXHJ2RLYUHJP
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if you believe in crypto long term... keep holding. otherwise id be taking some profit in this area... I personally dont have any lumens anymore =( got impatient and stopped it out. So yes im good at analyzing charts but i lack patience and discipline.
Ill be posting more trade ideas when i find something.
If I helped you make money with my ideas you are more than welcome to donate!
This seems to be the consensus of people smarter than I! I used my stimulus to buy XLM so I could move the money cheaply and trade other coins, buuuut I think I've decided to just hold it in XLM until it moves, haha. I bought them at .39 without the intent to hold them, so I reckon I'm just gonna keep holdin and watch. It would be historically odd to see it pull back down at this point, kinda...but crap happens eh?! haha. Thanks for your analysis!