XLM - End Of Correction
Regarding the waves we should be at the end of the correction.
As there is a strong support at 0.00003615 BTC, I expect the price to make a rebound here.
As there is a strong support at 0.00003615 BTC, I expect the price to make a rebound here.
Note
So as expected the price made a rebound at 0.00003615. As we are still in an uptrend (in a daily basis speaking), i'm forecasting the following :
If the pink line is braked out then we enter in a down trend and in this case i will consider closing my position.
Good luck guys!
Trade active
A new Elliot waves is forming now. And we start the 1st of 5 waves.
Good luck!
Trade closed manually
The Elliot waves pattern din't appears.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.