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umarfadhil
3. Jan. 2018 11:55

XLM is Ready to Fall 

BITTREX:XLMBTC1D
Stellar Lumens / BitcoinBittrex

Beschreibung

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The gain is too strong, once a big sell wall put on the order book it will may affects the market and the price would fall.

3 conditions if the price go down

1. Level .618 (0.00002340)
2. Level .786 (0.00001507)
3. Level .382 (0.00003511) [Triangle Pattern]

Book your profit, move on or buy in the dip.

Nuhun.

Kommentar

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The price is going down, the support on 0.00004200 - 0.00003500

Kommentar

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The price was rebounce @ 0.00003500, shows that the strong support

Trade geschlossen: Stop wurde erreicht

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Third condition achieve
Trend AnalysisChart PatternsBeyond Technical Analysisxlmbtc
Kommentare
Alminc
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Agree... I've been watching XLM for days now and it's only rising ... daily RSI is overbought to hell and back ... So my assumption is that it must come down... It needs to find some kind of support somewhere before it can rise again... but under current condition who knows where it will find support since it almost didn't have any resistance on they way up....
umarfadhil
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@Alminc, the support is still not formed yet. If stellar still shown their great movement, i predict the support on .382 level
SuryoPutro
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dudu will u predict XLM gonna up again???
umarfadhil
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@SuryoPutro, yes, if bitcoin bullish again
SuryoPutro
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@umarfadhil, thx dude,,,i wanna ask according to your calculations in late january 2018 XLM price can reach $ 1 ??
umarfadhil
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@SuryoPutro, i think it still bearish, long term until there's a good news from stellar
MahmoudTarhini
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Bulldragons do not fall fast!
umarfadhil
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@MahmoudTarhini, agree it would not fast. but, still going down
sawyerjack24
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good call....quick question - how does something fall so far upward? I didn't know that was possible
umarfadhil
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@sawyerjack24, there's a few of 'big player' who'd pump the price and bring it down to the dip i guess
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