Stellar rocketed from my last call for long linked here.
It has now bounced nicely from established support.
If BTC stays bull, XLM could easily see one more leg.
Elliott waves indicate possible wave 5 in progress.
That big spike sure resembles a wave 3 perfectly.
Wave 4 might NOT be done yet, watch the zones.
Key points to keep in mind:
1) I do expect an overall market pullback soon.
2) Right here would be a good place for a top.
3) Bitcoin still rules this Kingdom, watch him.
.
My previous call for XLM long :
Also see some of my other ALT coins plots below.
I plot the Big 3, Forex and Stocks as well, check my profile page.
BQX bottom (maybe)
ETH breakout:
ZRX breakout
ADA breakout
IOTA Top
DASH top
ONT top
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
It has now bounced nicely from established support.
If BTC stays bull, XLM could easily see one more leg.
Elliott waves indicate possible wave 5 in progress.
That big spike sure resembles a wave 3 perfectly.
Wave 4 might NOT be done yet, watch the zones.
Key points to keep in mind:
1) I do expect an overall market pullback soon.
2) Right here would be a good place for a top.
3) Bitcoin still rules this Kingdom, watch him.
.
My previous call for XLM long :
Also see some of my other ALT coins plots below.
I plot the Big 3, Forex and Stocks as well, check my profile page.
BQX bottom (maybe)
ETH breakout:
ZRX breakout
ADA breakout
IOTA Top
DASH top
ONT top
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Note
Moment of truth here .
Note
Looks like wave 5 will NOT happen .
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.