Stellar Lumen (XLM) Short term future 35% gains in 5 days

BINANCE:XLMBTC   Stellar / Bitcoin
Let me start off by saying that I am not a financial adviser. You should not take 100% seriously anyone on the internet. So take my advice with a grain of salt and do your own research before investing in any coin.

Stellar             was recently added to a new exchange which helped boost the price by 50%, but we are still far from the end of it's run.

Some points to take into consideration:
1) BTC             is still in a bear market and it could have an effect on all alt coins
2) Volume is lower in the Crypto market due to the bear market for BTC             . Without volume a healthy moon shot is a lot harder to achieve

XLM             just had it's fun up by 50% but as I have visualized it, this was only wave 1
XLM             did a Eliot wave patern
Waves 2 and 4 both retraced aprx 40% which means that this will likely continue.

My advice is to buy back XLM             (if you have sold it already) in 3 chunks
1st smallest size buy: @5050 satoshi mark
2nd medium size buy: @ 4900 satoshi mark
3rd largest size buy: @ 4750 satoshi mark

This will maximize profit

REMEMBER: What was resistance in the past tends to be support in the future (4750 satoshi mark)

Sell orders 50% @6000 and 50% @6200.

Good luck and happy trading!

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Thank you for the support! :)

評論: XLM is now closing in on the buy zone. But it has a really low RSI level (it's oversold) so keep a look out on the coin. It might not hit the buy zone at all. I suggest putting buy orders if XLM crosses 5300 mark
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