Looks like Stellar (XLM) is getting ready for some action.
Looking at the chart above, you can spot a few "buy" signals:
- Cypher Pattern - Hovering around the lower end of the Bollinger Bands. - MACD Curving up. - Shorter time frames giving out early reversal signals.
This is an educational post.
If you want to trade Stellar (XLM), please visit my trade idea for it.
You can find it by visiting my profile.
Thanks a lot for your continued, amazing and incredible support that I always receive. Always.
Thanks again.
Namaste.
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Remember you can find all of Stellar (XLM) trade details by clicking on the image below:
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Head & Shoulders pattern. If this pattern is completed and confirmed, we can expect a price dip.
Note: This pattern first needs to be completed and later confirmed by the breakout. So these patterns are not really relevant until they come into play.
Hi alan ...could you recommend the books that you used to learn ta chart ? Ty
AlanSantana
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@Kennys1314, I didn't. I read one book which is a few pages long. Candlestick reading for beginners or something like that, and the rest was practice and meditation.
Elunium
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@alanmasters, Nice! Thanks for your analysis. I learn a lot from them