I almost bought XLM at 3k sats today but ended up buying it for tad more I have been taking positions the whole way down and am proud to say I think the worst is over.
We should be moving up to the 3600 sat mark within the next day or two. In order for this to happen - BTC has to continue its slow recovery as well (which it appears to be doing).
This is one of my favorite crypto's- not just because I like the project - but because it can quickly pack on the pounds.
We are in a double bottom reversal situation and should continue this pattern until at least 3600 sats before we re-evaluate.
XLM at these prices is a bargain - I've already gained about 100 sats from a well placed trade - the full recovery will be much bigger!
The only play right now is to buy and hold - there may be a short opportunity at 3600 sats if we take another dip before moving higher. The safest bet is to buy and hold until we are absolutely certain we are entering a bull situation of any significant length. The only debate should be whether or not you think XLM will recover faster than some of your other coins. I am personally re-evaluating my LTC situation before the recovery.
** I don't usually chart XLM. Please LIKE or FOLLOW to let me know others are interested in this pairing.**
Nota
Still haven't seen that bump yet - things have been moving a little sideways. The pattern will still complete - the question is whether we quickly move back up - or we slowly build over the next few days. A lot of this depends on what BTC does. In the short term we will see a of of upside volitility - like bull runs in the past - sometimes you leave your computer for a few hours and you come back to whole new world.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.