Stellar LumensLong
Stellar Lumen - Buy opportunity
This idea is based on the 4h and daily chart:
- MACD, RSI and Directional Movement confirm bullish movement
- Trend seems to follow a powerful reverse head and shoulders scheme.
Better confirmation can come from breakout of the orange descending line around 550.
Target are shown as Fibo level and as distance of the head from the neckline.
- MACD, RSI and Directional Movement confirm bullish movement
- Trend seems to follow a powerful reverse head and shoulders scheme.
Better confirmation can come from breakout of the orange descending line around 550.
Target are shown as Fibo level and as distance of the head from the neckline.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.