XLM Ready To Break Up Into Wave 5
XLMBTC isn't done yet; it's actually playing the technicals perfectly. Notice the clear Elliot Wave playing out with perfect subsets, as we begin to make way into the final Wave 5.
The algo's are touching the fibs perfectly, and have been doing so for most of XLM's existence. Even if you look at XLM -3.20% historically, the bots play this coin like a an open book. Right now it's clear that we are getting near the end of the ABC correction of Wave 4, as we prepare to break up into Wave 5 for another nice jump. The fibs tell us we should see an XLMBTC price no lower than 9,800 with the potential to go as high as 13K 0.00% . We are seeing long-term accumulations and inevitable breakouts. There are excellent opportunities here.
We are currently waiting on confirmation of the end of Wave 4. Once Wave 4 comes to an end with clarity (let's see which way it breaks in the wedge here), we can project with more certainty how Wave 5 may go. Now is probably a good time to buy. Yes, it could drop back down to 3500, but it would be abruptly as the algo's would instantly eat it up at that fib level. Get ready for another rocket higher in the next 7-9 days. Don't get impatient or sell early, just sit back and relax and play the fibs. If we get rejected at 1.618 (9800 sats 0.64% ) that will likely be the high of Wave 5. If we break through, there's only blue sky in the way of how high they want to take this. This thing could 3x from where it is right now within 7-10 days.
And honestly? A lot of fundamentals aren't even being priced into this yet. There's really no guessing how high this thing could go in 2018, but we've got a pretty good idea of where it's going in the next week or so.
In terms of USD, I guess that puts estimates anywhere between $1.30 and $1.80.
The algo's are touching the fibs perfectly, and have been doing so for most of XLM's existence. Even if you look at XLM -3.20% historically, the bots play this coin like a an open book. Right now it's clear that we are getting near the end of the ABC correction of Wave 4, as we prepare to break up into Wave 5 for another nice jump. The fibs tell us we should see an XLMBTC price no lower than 9,800 with the potential to go as high as 13K 0.00% . We are seeing long-term accumulations and inevitable breakouts. There are excellent opportunities here.
We are currently waiting on confirmation of the end of Wave 4. Once Wave 4 comes to an end with clarity (let's see which way it breaks in the wedge here), we can project with more certainty how Wave 5 may go. Now is probably a good time to buy. Yes, it could drop back down to 3500, but it would be abruptly as the algo's would instantly eat it up at that fib level. Get ready for another rocket higher in the next 7-9 days. Don't get impatient or sell early, just sit back and relax and play the fibs. If we get rejected at 1.618 (9800 sats 0.64% ) that will likely be the high of Wave 5. If we break through, there's only blue sky in the way of how high they want to take this. This thing could 3x from where it is right now within 7-10 days.
And honestly? A lot of fundamentals aren't even being priced into this yet. There's really no guessing how high this thing could go in 2018, but we've got a pretty good idea of where it's going in the next week or so.
In terms of USD, I guess that puts estimates anywhere between $1.30 and $1.80.
評論:
Sorry for the delay in updating this chart guys, I was banned by the mods for language in the chat for 3 days! What terrible timing.
So, it looks like we tested that .50 fib and bounced pretty good, so I hope you guys got in there. It did retest a 3rd time and did fall below a bit, but as predicted once it hit those levels it triggered the algo's and they immediately starting buying up.
After completing Wave 4, XLM has looked extremely promising as far as setting up a new wave. Incidentally, about the same time this wave started forming, CNBC started squawking and pumping XLM, saying it was the next coin to liftoff. See the video here: youtube.com/watch?v=r-LvZTNlNe8
Since we were already forming this wave, it's hard to say how much that news impacted this wave, although I think it's been a fair amount. Notice where we would have normally completed the 5 to form a 1 and leg down to a 2, we have retested the upper fib twice now instead (and possibly on our way to a third). It looks like the market wants this to go higher but the algo's are selling the fib.
Someone's going to win soon, either the market's bullish sentiment or the algo's wanting to continue forming this wave, and until we either break 5K or leg down, there's no clear way to determine what's happening next, other than XLM is even more bullish now (I think) than it was when we made this chart days ago.
Keep holding, I think this is going to be a great month for XLM.
So, it looks like we tested that .50 fib and bounced pretty good, so I hope you guys got in there. It did retest a 3rd time and did fall below a bit, but as predicted once it hit those levels it triggered the algo's and they immediately starting buying up.
After completing Wave 4, XLM has looked extremely promising as far as setting up a new wave. Incidentally, about the same time this wave started forming, CNBC started squawking and pumping XLM, saying it was the next coin to liftoff. See the video here: youtube.com/watch?v=r-LvZTNlNe8
Since we were already forming this wave, it's hard to say how much that news impacted this wave, although I think it's been a fair amount. Notice where we would have normally completed the 5 to form a 1 and leg down to a 2, we have retested the upper fib twice now instead (and possibly on our way to a third). It looks like the market wants this to go higher but the algo's are selling the fib.
Someone's going to win soon, either the market's bullish sentiment or the algo's wanting to continue forming this wave, and until we either break 5K or leg down, there's no clear way to determine what's happening next, other than XLM is even more bullish now (I think) than it was when we made this chart days ago.
Keep holding, I think this is going to be a great month for XLM.
評論:
Bull break again confirmed by XLMUSD, which may be the most important graph to look at. The Korean news and all kinds of market shiftiness can form a poor representation of what's happening with XLM by looking at the XLMBTC pair.
The XLMUSD pair gives a better outlook. We will keep watching.
The XLMUSD pair gives a better outlook. We will keep watching.
評論:
Looks like it may be trying to go ahead and continue the Elliot. Downward projection for this wave puts us around $0.60, or about 4,100 SATS.
評論:
評論:
Bounce into next leg up is imminent. If you haven't got it yet, get in now.
評論:
Looking good. Looks like we are getting our pivot from subwave 2 up to start 3.
Buckle up.
Buckle up.
評論:
Alright, so we had another synchronized market selloff here by the bots. So in my earlier updates, I mentioned the CNBC news and how it changed the trajectory of the wave. Well, now this selloff has taken minor wave 2 closer to the pivot of subwave 4 (Around 4K Sats) which was the original projection for this wave to BEGIN with. See above.
This is a good thing, because now the wave is more defined and is charting more along the fibs it's supposed to rather than dipping so shallow.
What does this mean? Well if you bought at the 3500 mark it means you're still doing great, and if you're holding at all, you should continue to do so as we now have a much better-looking Elliot taking hold here.
Again, this was a synchronized market-wide selloff, which happens all the time (just look at your charts and compare the times), and this is not at ALL bad news for XLM. Again, this is GOOD news because the drop got us to get a better wave 2 before we pivot up to make the upwards and bullish 3 wave.
Hold tight. Everything is good here guys. Be patient. Don't FOMO something else, the time is coming. The charts look great.
This is a good thing, because now the wave is more defined and is charting more along the fibs it's supposed to rather than dipping so shallow.
What does this mean? Well if you bought at the 3500 mark it means you're still doing great, and if you're holding at all, you should continue to do so as we now have a much better-looking Elliot taking hold here.
Again, this was a synchronized market-wide selloff, which happens all the time (just look at your charts and compare the times), and this is not at ALL bad news for XLM. Again, this is GOOD news because the drop got us to get a better wave 2 before we pivot up to make the upwards and bullish 3 wave.
Hold tight. Everything is good here guys. Be patient. Don't FOMO something else, the time is coming. The charts look great.
評論:
This illustrates not exact times or prices at these times, but illustrates what the pattern will look like and what to watch for as we go from here, to the ultimate goal of Wave 5 (and beyond).
評論:
This illustrates not exact times or prices at these times, but illustrates what the pattern will look like and what to watch for as we go from here, to the ultimate goal of Wave 5 (and beyond).
評論:
Everything looks good. Don't sweat the market selloff, because as I stated before, it's pushing XLM perfectly into where it should go. Now, if it falls too far out of this pitchfork, or if we start dipping below 3.5K , we will need to reevaluate. Right now, I'm still holding and accumulating more on swing trades.
TL;DR -- Keep holding unless we start breaking down below 3.5K in an ugly way.
TL;DR -- Keep holding unless we start breaking down below 3.5K in an ugly way.
評論:
No stopping us now. Choo choo train has left the station to make Wave 3.
評論:
If we move up from here, enjoy the wind at your back.
If we break down below the previous low (iv) then you may want to sell and wait for the market to decide what it wants to do.
This is a crucial, but optimistic moment here.
If we break down below the previous low (iv) then you may want to sell and wait for the market to decide what it wants to do.
This is a crucial, but optimistic moment here.
評論:
Some news related to fundamentals that I think will be good for XLM in a few days:
themerkle.com/weiss-...er-cryptocurrencies/
bitcoinist.com/weiss...ratings-list-crypto/
finance.weissratings.com/crypto/
themerkle.com/weiss-...er-cryptocurrencies/
bitcoinist.com/weiss...ratings-list-crypto/
finance.weissratings.com/crypto/
評論:
Well, I managed to get banned again for the 35th time. Looks like I just need to stay out of the chat box so I can keep updating my charts. I apologize for the delays.
Well, I hope everyone took my advice. I told you where to buy. I told you not to sell. I begged you again to hold on, and hold through the waves. Here we are, after surging up subwave 3, we are preparing for liftoff up to complete wave 5 which I believe will be the biggest in XLM's history.
XLM is still trading so technically perfect. Original targets are still on, though I've labeled some here in a chart for you to keep up with as we move forward. Remember, always chart XLMUSD too, because it has it's OWN fibs and resistances that effect what XLMBTC does.
Overall, still VERY bullish and as of THIS moment today, it's still not too late to load up if you don't own any, or acquire more.
Well, I hope everyone took my advice. I told you where to buy. I told you not to sell. I begged you again to hold on, and hold through the waves. Here we are, after surging up subwave 3, we are preparing for liftoff up to complete wave 5 which I believe will be the biggest in XLM's history.
XLM is still trading so technically perfect. Original targets are still on, though I've labeled some here in a chart for you to keep up with as we move forward. Remember, always chart XLMUSD too, because it has it's OWN fibs and resistances that effect what XLMBTC does.
Overall, still VERY bullish and as of THIS moment today, it's still not too late to load up if you don't own any, or acquire more.
評論:
More on the USD pair and where we could see resistances and chances to swing trade and increase our bags. You'll need to be actively trading to make this work.
XMLUSD pair confirms bullish outlook for price surge. Everything still looks great. Hold you if own, buy if you don't. Upswing coming soon, by tomorrow.