With the double doji it seems like there could be a reversal for xlm short term. Long term xlm is still looking great far above the MA 50 and MA 200.
Kommentar
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Seems like a double top right now and overbought on the RSI. I am hoping for it to reach 3600/3700 satoshis and then I will buy back in.
Kommentar
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Double top confirmed we are hitting below 3700 satoshis as I update right now.
Kommentar
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Personally I have re-bought at 3667 and 3679 satoshis. After the correction we should see a healthy trend upwards imo. If you liked this chart consider liking and following me for future charts.
Kommentar
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The btc run has caused quite a dump. If you got in around 3100 you should consider yourself lucky as xlm is already recovering quite fast.
I've been holding out on my buyback for the reversal/retracement but looks like XLM is leaving me behind. What are your thoughts on buying back in?
Altcoin_Hero
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@d4rkm4n715, Depends on which satoshi you have sold earlier. XLM is a good long term hold anyways. A few satoshis does not matter in the long term in my opinion. You could wait for the reversal or if you are afraid it won't come due to the fomo then you could buy back in.
getrektordietryin
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I hope XLM/BTC dips to 3000 satoshis again, BTC is getting heavy tonight, we will see!
Altcoin_Hero
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@sarajp, Unlikely, XLM is racing upwards right now.
gestor1987
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Closed on 3950 after retracement. Thanks for recommendations. Now w8 for signals going up