Stellar Lumens may be gearing up for an epic adventure.
Forming a text book cup and handle pattern on the weekly chart.
If it can break .43c it appears to be clear sailing back to .79c and possibly it's ATH at .93c
A move equal to the distance from the bottom of the cup to the top would be the expected break out target. A modest price target of $23.
From it's current price that's a 5444% gain!
As long as it can stay along the current uptrend the handle should be completed.
Forming a text book cup and handle pattern on the weekly chart.
If it can break .43c it appears to be clear sailing back to .79c and possibly it's ATH at .93c
A move equal to the distance from the bottom of the cup to the top would be the expected break out target. A modest price target of $23.
From it's current price that's a 5444% gain!
As long as it can stay along the current uptrend the handle should be completed.
Note
Just wanted to point out again that this is a WEEKLY chart. These targets may not be hit until mid to late 2022 or 2023. Long term HODL but could be well worth the wait. A realistic EOY target would be $2 which is still quite nice...
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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.