Hello all. While Bitcoin struggles in a No Trade Zone, I have been quietly following a few of my favorite coins to trade. And Lumens is def one of them.
When we hit our targets and take our profits, we look for reload opportunities. Then we step back and look for that risk/reward we love so much.
I have received feedback that my charts can become quite cluttered. For this I apologize, but that is what is takes. With this TA I will focus on a broader look at Stellar Lumens, with only a few basic indicators to help those follow a but easier.
TA Time:
Lookin back at Lumens, we had great runup from some technical pivots and a classic double bottom. Although I do have a bullish and bearish count, I have my eyes on the 50 retrace, under the assumption that we have completed a 5 wave series. I am looking for subdivision in this obvious correction, 3 waves down. I may trade the B wave if I get confluence for higher prices. Until then... I sit and wait
Educational for all...
--longmoney
When we hit our targets and take our profits, we look for reload opportunities. Then we step back and look for that risk/reward we love so much.
I have received feedback that my charts can become quite cluttered. For this I apologize, but that is what is takes. With this TA I will focus on a broader look at Stellar Lumens, with only a few basic indicators to help those follow a but easier.
TA Time:
Lookin back at Lumens, we had great runup from some technical pivots and a classic double bottom. Although I do have a bullish and bearish count, I have my eyes on the 50 retrace, under the assumption that we have completed a 5 wave series. I am looking for subdivision in this obvious correction, 3 waves down. I may trade the B wave if I get confluence for higher prices. Until then... I sit and wait
Educational for all...
--longmoney
註釋
If you didn't catch that 50 ride, then you sit and wait. We have potential lower targets in play now註釋
For my TA lovers註釋
註釋
Lower target in play. Careful all. That 50 swing may be all we get for now註釋
Sticking with original count and lower targets for now註釋
Lower target still in play. But Lumens is determining its price註釋
We got a Fib Fight. Trying to get Lumens chart posted soon everyone.註釋
Quick Lumens update...手動結束交易
XLM chart next up. Let's close this one out
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