XLM Elliott Wave Analysis
Im very bullish on XLM!
I think we are currently stuck in a small a-b-c correction (marked in yellow), since 4th January. Seemingly this correction should soon be finished and the price can start soaring again.
The RSI is showing downtrend weakness on th 8h and 4h timeframe and looks like its getting ready to eventually break out of the red rsistance line.
I expect the price to turn around in the small yellow box.
I think we are currently stuck in a small a-b-c correction (marked in yellow), since 4th January. Seemingly this correction should soon be finished and the price can start soaring again.
The RSI is showing downtrend weakness on th 8h and 4h timeframe and looks like its getting ready to eventually break out of the red rsistance line.
I expect the price to turn around in the small yellow box.
交易進行
Establishing new positions at current prices.
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