mologna
看多

XLM Showing strong cup and handle signals

BITTREX:XLMBTC   Lumen / Bitcoin
Stellar             Lumens was listed on binance today. Cryptos usually tank when that happens, and XLM             was no exception, which presents a solid buying opportunity. Furthermore XLM             is a solid platform that has great growth potential long-term.

As you can see from the chart, XLM             is showing signs of a cup-and-handle formation, along with increasing volume as we enter the rising portion of the cup. These are all very bullish signs. If you're an aggressive trader you can enter a long position now and plan on an exit anywhere between February-June.

A more conservative trader may wait for a confirming candle tomorrow / sunday. Also keeping in mind Futures opening on Sunday at 5, basically any trade in the crypto world should be considered extremely risky right now, so trade with caution. My position in all crypto until after futures is very small.

Either way, consider this a medium to long-term play, depending on the success of XLM             . Don't enter this with intention of leaving it before Feb / March, unless we just get lucky. As always, trade responsibly.
交易進行: Active in this trade, opened a position earlier this morning. I don't try to time the 10-15 minute chart in cryptos.
評論: We haaaaaaaave liftoff!
交易結束:目標達成: Well this was fun. Don't buy hype. Now's a good time to sell. Wait for its inevitable fall to support.
Would you wait until the bitcoin correction is underway if buying in with Dollars?
回覆
mologna without_worries
@without_worries, Right now it is strong against the dollar as well. I wouldn't try to time the market too closely, you'll never win. That being said, never invest more than your comfortable with. If you know that futures opening on sunday will have you glued to your screen and freaking out, then you shouldn't invest. You'll just get emotional when the price inevitably goes crazy volatile and make a mistake. If you feel you can withstand the volatility and HOLD, then go ahead and enter. Also remember I'm just some guy on the internet, so take my advice with a grain of salt :)
回覆
@mologna, sound advice, I cashed out of XLM when it hit $0.17 briefly, so very pleased. But I do agree with your forecast so I'm keen bean to get back in..
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出