XLM - She's wakin' up (but the bed was warm, might go back)
Generally: This is a limited scope fib retracement, supporting the trend-based extension. I will regularly plot these for 6 or more pairs over the next 12 months in order to complete an backward looking analysis on a series on tools (TA and others), used by many in trading/investing in crypto. ETHUSD, BTCUSD, OMGETH, QTUMBTC, QTUM, XLMBTC, SCETH, .....
Dotted lines indicate confluence of two or more points identified with multiple Fib retracements.
In my view, XLM will move to 0.00055, but struggle much further. Limited history, but XLM follows very the the support and resistance levels tight. I expect plenty out there are waiting on these points to be made and will execute / sell.
Dotted lines indicate confluence of two or more points identified with multiple Fib retracements.
In my view, XLM will move to 0.00055, but struggle much further. Limited history, but XLM follows very the the support and resistance levels tight. I expect plenty out there are waiting on these points to be made and will execute / sell.
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