Stellar Lumen: Getting ready for another +10% move [Short term long setup]
Another succesfull forecast on Stellar Lumen this week
You can read the previous trade in Stellar Lumen here:
https://steemit.com/beyondbitcoin/@luiggih/stellar-lumen-accumulation-is-taking-process-short-term-bull-setup
This is what I said a few days ago about Stellar:
Accumulation taking process and getting ready for a strong bull move
This is what has happened to Stellar Lumen
What should you be expecting next?
A symmetrical triangle is forming into Stellar. This is a continuation pattern once confirmed.
Geometrical guitar is working great. Previous trend lines are doing okay as well.
Overall XLM is looking good yet the bullish pattern has not been confirmed yet.
More TECHNICAL ANALYSIS, TRADES & SETUPS:
· https://steemit.com/esteem/@luiggih/bitcoin-is-about-to-pop
· https://steemit.com/bitcoin/@luiggih/ripple-about-to-explode-bull-setup
· https://steemit.com/bitcoin/@luiggih/shake-shak-shak-short-the-high-haejin-says-bull-i-say-easy-short
· https://steemit.com/eos/@luiggih/if-you-re-not-bullish-yet-in-eos-just-check-this-chart
· https://steemit.com/beyondbitcoin/@luiggih/stellar-lumen-getting-ready-for-another-10-move-short-term-long-setup
I expect great things for XLM. They are competing directly with Ripple to cross border banking transactions. Ripple has a dominant head start, but I wouldn't count Stellar Lumens out.
Ripple is the bankstas coin and XLM is the robin hood coin.
Both of them have great future ahead.
Ripple is more banking oriented and XLM is more social oriented.
Also is very interesting that XLM is targeting Africa (specially Nigeria) meanwhile Ripple is more focused in Europe-America daily transactions.
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