Stop loss: 0.00002310 (I am not using a stop loss on this one. Lumen is a very strong cryptocurrency and has great potential for short and long term growth).
Trade strategy: Buy & hold. Sell on target. You can hold XLM long term without a worry, this is one of the top cryptocurrencies in the market.
CHARTS, SIGNALS & INDICATORS
- The RSI is sitting nicely in the bullish zone, as well as the DMI indicators. - The MACD shows a period of accumulation and Positive Divergence, as well as plenty of room for growth. - A strong close today above the 0.000036 price level will give out a very strong bullish signal for the daily and weekly time frames. - Fairly low volume for the massive altcoin that this one is, which allows for more room for growth. - We have many bullish signals and a confirmed breakout on the 4 hours chart. As well as a very strong candle on the weekly charts. - The charts, indicators and signals point to additional action coming in the near future from this coin. Buy now to profit from the future runs that are about to come.
Message: The Life of Light
Life as light. The life of light.
How does light lives?
Light lives life in its own light.
Shinning through the consciousness of the moment.
Shinning through brilliantly and nice.
Light will live life giving light through its own might.
Live your nice life bright...
Always open your heart...
Which is full of love, light & life!
Namaste.
Komen
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We are starting to move... Please allow time for this trade to develop.
@alanmasters Hello alan, unfortunately i think i've missed this train but i really believe in XLM (was out in fiat from february, just bought some nano).
When do you believe will be a good time to buy XLM again? Do you think that a huge correction will come after these major pumps? Thanks in advance.
@Sushiwhales, I believe that the Altcoins market bull run is just getting started.
Sushiwhales
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@alanmasters, Agreed, but at what price would you recommend to enter XLM now? Do you think it's going for a correction to 3500-3600sats or straight to the next target?
I don't want to fomo buy now. Thanks in advance!
ServetTasmaz
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How come rsi is bullish? It is 70 daily.
RealMcafee
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@ServetTasmaz, See stoch RSI is even worse. Daily is maxed at 100. All coins want to go down, that's why we're not going up.
cryptoknight_90
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@barclayjames, when XLM went on its extremely bullish run making 200% in a day, the RSI was also near 70. Those are typical indicators but during a massive bull run it can get way over bought.
RealMcafee
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@cryptoknight_90, 100 is the maximum can't go any higher, this isn't going to moon without reset
mrmeeseeks
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@barclayjames, but look at the massive bull run from December— ran flat at 100 for the entire run. Can't use that as evidence against run
RealMcafee
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@mrmeeseeks, so you think this is massive bullrun from December??? you read to many pamp posts
When do you believe will be a good time to buy XLM again? Do you think that a huge correction will come after these major pumps? Thanks in advance.