badwithmoney

Still Can't Chart, but Rainbows Make XLM Look Great!

Long
COINBASE:XLMUSD   Stellar
Let's be honest: with such a good running fortnight, XLMUSD was bound to see a pullback when the rest of the crypto market saw its Sunday night drop.

A quick peek at its fundamental growth shows us things are right on track, assuming the bottom we found tonight stays consistent with the rest since it's started seeing higher growth patterns.

Whatever the case, I'm in on XLM for the long haul. While there are no Triple Boobs or Flimsy Floppies to indicate another explosion in the super near future, the long position on XLM still looks great to me. Granted, we may see a bit more deviation below the Assumed Bottom area depending on the performance of BTC in the next few days.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.