BarclayJames
Panjang

XLMBTC short retrace soon long-term bullish

BITTREX:XLMBTC   Lumen / Bitcoin
I think tomorrow we see a longer red candle

XLM             LONG-TERM BULLISH!

Komen: Looks like it may go up to 4260 or 4450. This market gets much more bullish than I realised, should have more faith lol. That said, there are many more sell orders than buy orders on bittrex, volume wise over an order of magnitude more.
Komen:
Komen: so sellers are hitting the 3900 support hard, if we come down next support at 3620. fib levels here
Komen: This is just super bullish - I don't try to second guess it too much now. Just remember the correction will come and it will be pretty big.
Komen: I assume a correction now mainly because the curve is too far from the Ichimoku cloud - it just looks like correction time, but this is so bullish it might just go on upward.

I'd say from a top of near 90 cents back to just below 80 cents, we've just seen about an 11 or 12% correction and are already headed back up towards US Dollar parity. It's just moving at Stellar speeds.
Balas
@Inspirar, you're probably right, there's a bounce here on the 25 ma. It will probably follow that near trend line up. I'm just mindful that XRP made a significant stop at this point before really going up.

Balas
BarclayJames BarclayJames
@BarclayJames, sorru 26 ma :)
Balas
Inspirar BarclayJames
@BarclayJames, Good points. I guess I had my numbers (head) in the STRUSDT chart vs. XLMBTC chart... But it's still working through the same resistance now.
Balas
@Inspirar, interesting situation now, it's clinging on though

Balas
@BarclayJames Any update plz?
Balas
I was holding out for a retracement but missed my target. What are your thoughts on buying back in now?
Balas
BarclayJames d4rkm4n715
@d4rkm4n715, Id on't see it coming down lower than 3900, but it will probably bounce on one of the green trend lines (no guaranties :))

Balas
d4rkm4n715 BarclayJames
@BarclayJames, Ouch. Do you see a test of 3000?
Balas
BarclayJames d4rkm4n715
@d4rkm4n715, Ah it's hard to say btc took everything down today. Maybe if btc goes on another bull run, more money will leave alt-land and xlm will drop.
Balas
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