Update XLM (Stellar Lumens) breaking out
Updated
I was a little bit too early three four days ago (it happens, we all know that as traders) when making the case for a bullish XLM move. A tiny wave down occurred (in usd it even was a higher low) but if you look at the pattern of the price movement, it's harmonics in play. It's even better now than it was. MOON is the target now. This is XLM versus USD. Next idea will be XLM versus BTC, bullish as well.
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Now at first big resistance, it's a quick move as expected. No certainty, but I expect that resistance to be broken. We are by far not Moon yet. :-)Not found the time yet for my updated XLM BTC idea.
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Looks soooo good...Note
Quick update on an old idea. Big XLM fan so not forgotten, just not doing much with it except holding.XLM BTC daily on Kraken
I am no artist with fancy stuff, I barely can draw two ellipses, but this is going quite smooth for xlm. This is a textbook picture of a healthy looking asset.
ma50 daily gives support and that's all we can ask for. Former resistance turned into support as well.
No that's not all we can ask for, we can ask for a moonshot comin' of course. It's not out of the cards, but let me just say I am confident and the trend looks upwards. DYODD
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