TradingView
Double-D
Oct 23, 2018 2:30 AM

XLM/USD Long Weekly - Lumens will never be this cheap again Long

Stellar Lumens / US DollarBittrex

Description

XLM is looking to finish out its wave in the upcoming months, and fueled with consistent good news, and many rumors looking to be fulfilled by the end of Q4. Lumens without a doubt has proven itself as a great investment, and during this long bear market it showed it by holding it's value pretty well within its wedge compared to other crypto currencies.

Trade active

.23 seems to have been the bottom for this drop, lets see where the bulls takes us from here.

Trade active

Comments
InvestingScope
On the short term it comes down to the current Triangle. A break below 0.2170 restores the bearish bias (still obvious on the long term). Our target is 0.1802:

More