XLM 2H Chart 100% Gain 300% Longterm

BITTREX:XLMBTC   Lumen / Bitcoin
After nice correction of 62% FIB look for XLM to head to the 8600 satoshi mark for a nice 100% gain

Here is another trade for everyone! In my trades I am hoping to find quick gainers for folks looking for short investment cycles as well as trades that can be held for long term higher returns. I intend to provide entry points, trade targets, profit gathering plans and stop losses. These trades are based on chart research, technical analysis , and current media/ market perceptions. I advise how I plan to take my unrealized gains(profit) from the trade until I have recouped all my initial investment. At this point you will be trading on house money.I also will point out at which point you can take the initial profit as suggested by the chart for quick gains. As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts on my ideas.

Thank You & Good Luck!!

Entry Point .00004000 - .00004500
2) Target .00004260 (.5 FIB)
3) Target .00004699 (.618 FIB)
4) Target .00005325 (.786 FIB) Take Profit 20%
5) Target .00006122 (1 FIB) Take Profit 20%
6) Target .00008370 (1.618 FIB)Take Profit 20%
7) Target .000012061 (2.618 FIB) Take Profit 20%
8) Target .000015876 (3.68 FIB) Take Profit 20%
9) Target .000018178 (4.236 FIB)

Stop Loss .00003200 20% +/-
Close trade at .0000 8370 for 100% Gain

Remember to evaluate using your risk model and trading plan. This is a short term/ longterm trade. Patience is the Key! As always I will follow this trade and update it along the way!
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MatthiasV 17 hours ago
Buy in the dip @ 4900 sat ?
MatthiasV 14 hours ago
@MatthiasV, yes. This dip has been created by BTC run up. Gives us an opportunity for additional profit
vthokiee97 8 hours ago
@vthokiee97, Thanks. Yes BTC seems to start moving strongly. I hope it doesnt affect this longterm position too much. We will see I guess :)
Komen: I think we are waiting for some liquidity to enter the market at the first of the week. I will do another review later today but I think we could see another bull run after these couple days of consolidation.
Komen: Nice steady movement. Briefly hit target 3 now hovering around target 2. This is good movement for this coin. Consolidation after the large run up will keep it moving up in the long term.
Komen: XLM has seen additional correction towards 65% FIB. Looking For support and a trend reversal. Still very bullish on this coin. Patience and HODL.
Komen: Nice recovery after the market sell offs recently. Watch for another dip tomorrow as BTC drags the market down. Then look for a quick recovery and onto target 5 @ 6122
Komen: Thankfully BTC did the exact opposite of what everyone expected. This is a strong sign in my opinion. Always expect the unexpected in crypto. This is why there are so many good opportunities to profit in this space. XLM is continuing this trade nicely.
Good job, let's see what happens in the next few hours.
Thank you for the analysis and followup. I'm very new at this and trying to learn so i very much appreciate you sharing this information.
vthokiee97 dmentzer555
@dmentzer555, no problem. Great to have you in cryptos
Are your zeroes wrong, starting at target 7?
pdawgstar scolobey

Yes they are @vthokiee97
Nice chart keep it up!
Great TA, thank you!
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