sawyur

Xlm-Btc LONG- weekly close above structure=Big gains

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BINANCE:XLMBTC   Stellar / Bitcoin
The xlm btc pair has created a structure between the current range of 350-1300 sats over the last few months but is currently attempting to break above this structure

- it seems biased to upside and a clean weekly close above 1300 sats could start a massive leg up toward its ATH on this pair
-eth is cooling off after a massive run and stellar is an alternative smart contract building platform that could receive some liquidity from eth profits
- while most altcoins have broke ATH or are up 1000% plus this year stellar has had modest performance compared to some and though you could have technically bought stellar for 3 cents a little over a year ago that price only lasted a matter of hours and the bottom generally as around 6-8 cents for the most part
- xlm is one of the few extremely cheap transfer fee, transact in seconds, significantly decentralized coins

I am biased, invested in stellar, and this does not constitute financial advice. But if I could give you financial advice it would be to buy the weekly close above 1300 sats coming up

PLEASE SHARE THOUGHTS AND COMMENTS :)
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