Stellar Lumens Looking Better, High Volume, Easy Target Mapped

17 Jan 2020

Stellar (XLMBTC) is looking better now as a strong bounce is taking place and good volume is starting to show up.

I can see the same signals we are seeing in most of the altcoins that are starting to move... Let's take another quick look at those:

1) Higher low (light blue).
2) Increasing volume.
3) Break above EMA10.
4) Strong RSI with MACD trending up.
5) Most of the people are still clueless about the incredible bullish action that will permeate the entire cryptocurrency markets... especially the small altcoins.

We have more signals and tools that we can use for charting and trading, but the ones above are more than enough for us to say that Stellar Lumens completed its retrace, now it is time to resume its uptrend.

Namaste.