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botje11
24 ตุลา 2018 เวลา 2 นาฬิกา 6 นาที

Stellar XLM inverse H&S  

Lumen / U. S. DollarKraken

คำอธิบาย

XLM has been one the best/strongest coins of 2018, never dropping below the April lows. Looks like a very big triangle where we already broke out of. At the moment it looks like a inverse H&S but the right shoulder is still a weak one though!. So i would only buy it AFTER a break of the neckline, buying it here is asking for troubles.

If the 0.25ish breaks, i would use a 0.01 cent stop loss. If we see the neckline break and stay above it, the target will be around the green circle, long term is much higher because of the triangle.

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So the price has dropped a little bit, but no dumping though. So like some other alts it seems like they don't really want to drop. But for the inverse H&S to be in play, it should stay above that green support level. This slow sideways drop could be a bullish sign, but i would not do anything until it starts to move up and break that small channel from the past few days.

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tradingpike
thanks @botje11
Please keep following stellar!
botje11
@tradingpike, Your welcome
SiriusTrading
thanks man, this is my idea

test000
Update? :P
InvestingScope
Thanks a lot for sharing this. When this Triangle breaks, we will be targeting 0.1802 and 0.1713 in extension:

test000
I spot a 4hr bullish divergence on the XLMBTC setup as well. Can you confirm?
StephySanrio
@test000, I see it on the 4hr chart kraken xlm/usd
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