CM_Trades

XLM could be the next one to explode!

Long
CM_Trades Updated   
  • We have so far seen 2 out of the 5 mentioned Coinbase coins get listed
  • We have so far gone in the order they were announced by Coinbase themselves (ZRX, BAT)
  • If this continues, the next up on the list is XLM
  • We can see XLM did rise in price after the BAT listing as traders anticipate the next listed coin
  • We did run into the midline of the supply block above and have remained below this resistance the entire weekend
  • BTC does look like it wants to retrace so a possible entry spot for a long would be anywhere in the demand zone below
  • Possible targets would be 8% & up to 30% on a potential announcement or maybe even more
  • EMAs have crossed over bullish again so this could be the time we see that pump back to into the $0.30s

Thanks guys!
Comment:
We are well on our way to achieving our second target. The first target was hit on the pullback back down into the demand zone and we continue to chug along to $0.30. Trade is still on and monitoring for any pullbacks.

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