Stellar Lumen Possibilities

I love this coin and I hope It takes over XRP real soon. It looks like we are about finished with Wave 4 correction and currently in subwave 2 of greater wave 5 which has the potential to go above $1.00 or may be more. We are currently forming the handle of a Large cup formation. The handle can also be seen as the right shoulder of a large Inverted H&S. The downside potential is 0.15c which will probably be in play if BTC spoils the party (high probability).

Good luck

This is not a financial advice. Trade according to your own risk/rewards appetite.

Comentário:

MACD has a bullish crossover happening on the daily. I am not a big fan of MACD but it is a buy signal for me. Also on the weekly we had a doji formation.

Again my only concern is the BTC movement. So I will be keeping a close eye on it as I trade.

Comentário:

Stop Loss moved to $0.30 to take some profits. Position opened at $0.26. Will re-buy on the dip or if BTC crosses 7800 and stable. There might be a double bottom at $0.25 to start the next rally.