Pretty basic stuff, trend line bouncing, stoch at the bottom and rounding up, and macd starting to turn back
It might be time to go long again.
Not financial advice, just an idea
Broken wedge, followed by a strong sell off. Looks like the market needed to reset before rallying, lets see if history repeats and stellar has a strong rally.
XLM is looking to finish out its wave in the upcoming months, and fueled with consistent good news, and many rumors looking to be fulfilled by the end of Q4. Lumens without a doubt has proven itself as a great investment, and during this long bear market it showed it by holding it's value pretty well within its wedge compared to other crypto currencies.
A big impulse is coming on the daily, weekly, and monthly. Who knows where lumens will end up, but looking at its history 5-10 dollars is no where from far fetched. Stoch and RSI are in low territory and the MACD is starting to round back up. Lets see what BTC does and go from there.
