BITTREX:XLMBTC   Lumen / Bitcoin
XLM             did a big jump on the 2017/05/07 and then it started doing a U shape movement until the 2018/01/03 where it peaked again, after that peak it retraced making this a Cup and Handle .

On the other hand, near the handle its forming a Descending Triangle:
Which means (most likely in percentage) that the price will be going down.. BUT theres always the chance that it breaks the "downtrend line" and the price goes up, thus making the Cup and Handle valid!

In my opinion the Cup and Handle is most likely to happen, but don't take what I say for granted, I'm new on this market!


Let's see what happens!

Trade safe!
Bình luận:

12H TF price dropped to the bottom of the cloud but closed inside, later it broke out of the cloud and bounced on its outside line



On 8H we see Tenkan heading to cross (upwards) the Kijun line, good sign!



On 4H we see the price closing above the cloud and Tenkan > Kijun
Bình luận:

Double bottom on that "support" that we can see on the Handle on the 1D chart
Bình luận: Ichimoku on 1D shows nothing... Tendon is parallel to Kijun, price SHOULD NOT close bellow of the Kijun that would mean a drop. The fact that the Tenkan and the Kijun are parallel could be because theres a resistance there that doesn't allow the price range to move that much.
Bình luận:

Sorry my bad, I should've pointed out this first, we can see a Desending triangle forming, Most likely to go down again and make a triple bottom, lets see if it holds on there or we see a big drop.
Bình luận: Sorry to inform but this Idea will be closed so I can turn my attention to BTCUSD.

Trade safe!
Giao dịch được đóng thủ công: Sorry to inform but this Idea will be closed so I can turn my attention to BTCUSD.

Trade safe!
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất