Alış
Stellar Lumens (XLM) what to expect for long-term?
Dear followers,
It's a long time ago... Let's analyse a coin that I have for the long-term. What we see are huge gains for Stellar today. What can we expect coming months?
Personally, I think that after a months of consilidation we are ready for a new bull market for crypto in general and I expect that XLM will be one of the biggest gainers in this bullmarket.
Analysis:
XLM broke out it's descending triangle and the macd gives a positive signal as well. XLM formed a very strong support zone (buy zone) and it might be possible that we will test it one more time. If so, this is a great chance to buy XLM. We need a close above the purple resistance level to receive bullish confirmation. As soon as that happens we we will reach our first target and after a backtest our second target.
Buy: Now, after a close with a daily candle above the purple resistance level or if we test the buyzone one more time.
Sell: If we close with a daily candle below the buyzone
Targets:
Target 1: 0.34
Target 2: 0.457
Target 3: 0.616
The blue arrows are the possible scenarios.
Happy trading and good luck!
Don't hesistate to ask me questions.
It's a long time ago... Let's analyse a coin that I have for the long-term. What we see are huge gains for Stellar today. What can we expect coming months?
Personally, I think that after a months of consilidation we are ready for a new bull market for crypto in general and I expect that XLM will be one of the biggest gainers in this bullmarket.
Analysis:
XLM broke out it's descending triangle and the macd gives a positive signal as well. XLM formed a very strong support zone (buy zone) and it might be possible that we will test it one more time. If so, this is a great chance to buy XLM. We need a close above the purple resistance level to receive bullish confirmation. As soon as that happens we we will reach our first target and after a backtest our second target.
Buy: Now, after a close with a daily candle above the purple resistance level or if we test the buyzone one more time.
Sell: If we close with a daily candle below the buyzone
Targets:
Target 1: 0.34
Target 2: 0.457
Target 3: 0.616
The blue arrows are the possible scenarios.
Happy trading and good luck!
Don't hesistate to ask me questions.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.