XLM Stellar Lumens - 2000% profit on this trade!
- XLM is starting a huge bull market right now! 2000% profit is real, and in this analysis I will tell you why!
- This is the macro outlook on the 3D/weekly chart. The previous bull market from 2020 - 2021 was very impulsive, and this proves how strong this coin is.
- We can clearly see a falling wedge or a bullish flag pattern that is very close to an explosive breakout; you don't want to miss it at all costs!
- Furthermore, this pattern is an ABC correction from an Elliott Wave perspective, which is extremely powerful when combined. You want to see a bullish flag with a zigzag pattern inside of it.
- What is the profit target? We can use a parallel channel projection to establish the end of the bull market, which is around 2 USDT. It also depends on how fast the uptrend is going to be.
- This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
- On the way up, we have a lot of resistance, so check it out; I marked it on the chart. All of these are very significant levels.
- There is no full price history of the XLM coin on TradingView, but if you take a look at Coingecko or CoinMarketCap on the LOG scale, then you will see how strong and stable this coin is.
- The bull market is starting, and you want to deploy your USDT and buy some great coins, such as XLM, or you can trade futures as well.
- This January is like the best month ever, so enjoy it!
- Thank you, and for more ideas, hit "Like" and "Follow"!
