Bitcoin is breaking out and everything is going red but a few coins.
XLM is one of those coins that remained GREEN.
- Chart analysis has several signals.
- Candle stick analysis is showing patterns.
- Indicators are , such as , and on the .
All these indicators point to strong but steady upward movement.
Open trade: 0.000011 - 12
There will be resistance along the way.
If you miss any opportunities, don't worry, there are endless opportunities in the cryptocurrencies world.
If you made mistake and feel down and bad, there is nothing wrong with you or your trades, you simply needed some lessons to improve your game.
So don't despair and play safe, because it doesn't really matter what happens... YOU DESERVE THE BEST.
Your gift will support more fully updated and strong, safe, simple, positive and profitable ideas:
BCH (Bitcoin cash): 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
Don't matter. Buy the dips (reload - rebuy) and hold strong until we start to climb to our next target.
P.S. I cannot answer private messages anymore, way too many and it is a lot of work to update all the charts. Please just follow the updates. And send some tips/gifts, this is really hard work. Full time.
You and I, we both DESERVE THE BEST. And so it is.
First the stop was reached.
We bought back at 730.
Many of our followers remained holding. If you didn't follow the stop loss, then please just hold. It will get back track. Selling now will only seal the loss. If you HOLD you will gain everything back and later profit.
XLM will go back up. Give it some time to regain strength.
The last two candles on the 4h chart above are sending positive signals.
The 1h chart does not have enough information and the Daily chart still needs to develop. But since the Bitcoin Bull Run caused the drop, the reversal is likely to happen unless Bitcoin takes off again.
HOLD strong. I will post a definitive update as soon as there are enough signals.
After we break 0.00000930 we go for 0.00001120.
Patience is key.
Here are the support levels based on the Fibonacci sequence from the highs of (*) 1444 on the 7th Dec. 2017 :
Support using other indicators (long term):
I will only revisit this coin when it becomes profitable to trade it.
The support level more likely to hold sits around 460-488.
Hope that helps.
I won't be following this trade. This is just for those that are holding this coin and would like to trade it.
All bullish indicators are active in the 1 Day chart:
- Uptrend channel
- TD count #2 - GREEN
- MACD, RSI & STOCH, crossover or complete reversal.