Trading Idea: Stellar Lumen Is The Most Buzzed Crypto Right Now

freeforever (60)in #stellarlumen • 7 years ago

According to Watsons Report Stellar Lumen is currently the crypto with most positive feedback on Twitter:

FireShot Capture 1126 - Watson's Reports (@WatsonsReports) I T_ - https___twitter.com_WatsonsReports.png

In combination with that we the buzz we also have a very nice setup on the daily chart:

FireShot Capture 1125 - XLMBTC_ 0.00002852 ▼−0.38% — _ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: We have just broken out of the descending trendline and we also have a stochastic divergence that occured a couple of days ago so this could be a good time to get in.

I am looking for 2 resistance levels in the near term and they are:

Resistance 1: 3300 Satoshi

Resistance 2: 3500 Satoshi

When to enter the trade? Yesterdays close was 2863 sat (on Bittrex) and we are right now at 2852 sat so I would wait until the price will close above 2863 on the hourly chart in order to get confirmation.

Watsons Report:

https://twitter.com/WatsonsReports/status/976066278845755392

Happy trading!

#xlm #cryptocurrency #altcoin