GrantPeace

Stellar Lumens Long Opportunity

Long
BITTREX:XLMUSD   Stellar Lumens
A strictly basic technical viewpoint indicates that digital currency XLM is oversold against the dollar and trading at a great value.

While the Intelligent Moving Average (AI) has not yet crossed or indicated any change in momentum, I am anticipated a change in price that would lead these moving averaging to a cross.

The RSI strap is indicating extreme oversold conditions as it has dipped extremely low into the oversold territory within the last four hours.

This trade will take a very short period of time as the candle-sticks represent 15 minutes each. For this reason, this trade is suitable for a technical scalper who incurs relatively low trading fees.

This trade may provide an opportunity to hold a safe position as it continues for an extended rally.

Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.


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