Stellar Lumen Analysis
Updated
Using Fibonacci Retracement and Elliott Waves the first Support Zone is at 4200 satoshi. Wave 2 may reach the main Support Zone at around 3800 satoshi and the 0,5 Fib Level touching the Bullish Trend Line. Target of Wave 3 is @6600 satoshi and Fib 1,618 convenient with the Pitchfork.
Note
Currently Forming a Handle. Support Zone 1 is still holding and may reach the Bullish Trend Line for Take Off.Note
still waiting for wave 3 target (orange)
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