Long

STRBTC - Safe entry

Updated

After a significant market cycle, with multiple retests of the 78% fib retrace, this is a safe entry for Stellar Lumens. I would not expect any fireworks in the near term, so think longer term. Making higher lows as of late, also bullish. Look for possible breakout near tip of triangle.
POLONIEX:STRBTC

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Likelihood of breakout to upside is increasing, as we are approaching the trigger.

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Like watching paint dry. But I see only upside atm..

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Better late than never :)

Trade closed manually

Thanks to Enhancement321 for posting this link: stellar.org/blog/bitcoin-claim-lumens-2/

I'm going to pull my long recommendation for STR. I absolutely detest their coin structure. 10 billion issued, with another 16 billion to be issued shortly...and a final sum of 100 billion. This will significantly dilute current coin holders. As with XRP, yes I do believe you will make a profit in the long run, however this dilution will significantly limit those gains vs. other coins. I'm out.

MarkCanna

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