XLM Cup and Handle; We're in the handle

Panjang

Stellar Lumens / Bitcoin (BITTREX:XLMBTC)

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BITTREX:XLMBTC Stellar Lumens / Bitcoin

cupandhandle supportandresistance parallelchannel

A breakout is imminent from the obvious handle that XLMBTC is forming. My predictions tell me that we'll bounce off one of the support levels at 4900, 4850 or 4800. If you're holding, continue. If you don't have any, buy.

Komen:

Forgot to highlight it in the chart, but also keep an eye on the volume, which is nearing the lowest it's been since the December breakout/start of the cup. Classic signs of a handle forming.

Komen:

All according to plan :)

Penafian

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