TheWolfOfBlockchain

Expect XLM Movement!! Support Lines and Possible Springboards

TheWolfOfBlockchain 已更新   
POLONIEX:STRUSD   None
For those looking to short Stellar or to purchase please watch for resistance at the current levels. I am very bullish on XLM but I do think we might see action under 40 cents again. Keep your eye on this one, outline are buy areas for those looking to add to thier position.
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XLM is holding at a long-established support line. Keep at close eye on Bitcoin prices, since they are tied to each other. I wouldn't short this one but I am still looking to add to my position in the event that it does dip. If it does, expect a quick jump. The next stage of resistance and target is the 50-65 range, even higher.

The number of transactions and operations on the Stellar network dashboard have increased significantly the last few days. Aside from that things are quiet from the hard working Stellar team. Be patient and there is good news on the horizon for XLM.
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It looks like it is on its way up to 50 but I am still watching a bull trap
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Assuming we see BTC jump we might see a breakout in the XLM USD chart, otherwise, In that case, I expect the XLM/BTC chart to be near the bottom of the dip. If not it could dip lower
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XLM/BTC Trade Active. XLM/USD movement still expected
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XLM/USD is seeing weak support, I am watching closely to see if it dips below .38. Expecting Stellar and other Alts do dip against USD. I will try and update this idea as we approach the buy zone. Buy target is currently .33 but that may drop further.
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