An Ascending Channel indicates a bullish trend with the support line connecting consecutive higher lows and the resistance line connecting consecutive higher highs.
In a bull market, every dip is a buying opportunity. Not financial advice, but if we follow the past trends, we can see a $5-6 XLM this year with a MAJOR correction and consolidation to the downside once hitting the resistance trend line again and maybe breaking it..!
XLM has a PERFECT market structure that Whales (bots) will buy into during the altseason and XLM has the opportunity to be BIG in the coming years ahead. We haven't seen nothing yet! The STOCH RSI is indicating a BULLISH CROSS! Do not miss this opportunity.
Altseason is coming. The best time to move BTC into altcoins is NOW! (due to BTC dominance looks heavily bearish next month!). Once all the "shitcoins" had the massive altseason run, I will be moving 50% profits into Ethereum , and stake it for long term investment. Other 50% will be use for Lambos and properties ;)
I don't care for this coin or its technology, but its market structure is so bullish! XLM is HIGHLY UNDERVALUED!!
Bearish Target: May wick down to the 20EMA line
Bullish Target: $5-6
"Be fearful when others are greedy, and greedy when others are fearful." - Warren Buffet
In a bull market, every dip is a buying opportunity. Not financial advice, but if we follow the past trends, we can see a $5-6 XLM this year with a MAJOR correction and consolidation to the downside once hitting the resistance trend line again and maybe breaking it..!
XLM has a PERFECT market structure that Whales (bots) will buy into during the altseason and XLM has the opportunity to be BIG in the coming years ahead. We haven't seen nothing yet! The STOCH RSI is indicating a BULLISH CROSS! Do not miss this opportunity.
Altseason is coming. The best time to move BTC into altcoins is NOW! (due to BTC dominance looks heavily bearish next month!). Once all the "shitcoins" had the massive altseason run, I will be moving 50% profits into Ethereum , and stake it for long term investment. Other 50% will be use for Lambos and properties ;)
I don't care for this coin or its technology, but its market structure is so bullish! XLM is HIGHLY UNDERVALUED!!
Bearish Target: May wick down to the 20EMA line
Bullish Target: $5-6
"Be fearful when others are greedy, and greedy when others are fearful." - Warren Buffet