XLM Short Term Down Long Term UP

BITTREX:XLMBTC   Lumen / Bitcoin
XLM has partnered up with IBM and lots of rumors circulating of more big companies being a part of there future.
One of these rumors being a new exchange where you can buy any crypto currency with any fiat pair

Lot of good info here about rumours

As for the technicals
-Big move up on BTC pair to make a new ATH
-Price broke out the 3day cloud but never came back to retested.
-Higher time frame indicators looking like they need to reset
-Short term time frames showing a bit of a push is possible

-Price moves up to the .618 -.786 fib area where it will encounter selling pressure and make its B of a ABC correctoin
-Price continues to move down into the 2500 sat range next few weeks for suport on the 3day cloud where it completes its C of ABC correction and begin a move up for wave 2

Long term: Strong HOLD
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