XLMETH trade ideas
XLMETH - Swap soonMarket dropped as expected from my views on Crypto. Now what's next for Holders?
During this kind of market, holders should swap to a better coin comparing to main coins that they are holding, for example ETH holders should consider to swap to XLM 0.00% (then swap back in a better time) because this XLM/ETH likely continues its uptrend as my analysis on the chart.
So, it's time to do something instead of sitting and enjoy the damage.
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XLMETH - Swap soon Market dropped as expected from my views on Crypto. Now what's next for Holders?
During this kind of market, holders should swap to a better coin comparing to main coins that they are holding, for example ETH holders should consider to swap to XLM (then swap back in a better time) because this XLM/ETH likely continues its uptrend as my analysis on the chart.
So, it's time to do something instead of sitting and enjoy the damage.
Leave your LIKES/COMMENTS to support. Thanks!
Stellar (XLM) short-term trade 5%There is a chance to scalp XLM´s rebound to the last topside level.
Should be within 12hours.
Do not forget to set your stop-loss order and have fun!
Have a nice day,
Roman
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Focus on the journey, not the destination. Joy is found not in finishing an activity but in doing it.
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XLMETH - 5 Waves complete, Corrective A Wave underwayIt looks like XLM has completed it's 5 impulse waves up, and is now in a corrective cycle. The price has dropped below wave 3 range, which means this isn't a wave 2 or 4 corrective cycle, but we're now in Wave A of a larger corrective cycle. Given that there hasn't been a rally (Wave B) of note, I think we will see a short term rally upwards in the next day or two, followed by a further drop.
It's already touched on the 0.382 retracement line on wave A, so a further retracement to 0.5 or even 0.618 is fully on the table after it has it's rally.
Will watch closely to see how this plays out in the next couple days. Once it's finished correcting, this will likely be a very strong opportunity as it begins it's next impulse wave up.
Daily RSI still hasn't hit oversold conditions yet also, so more correction seems likely.
XLMETH Bittrex W – Wave analysisXLM might have had started a broad wave V against ETH with reversing at approx. 0.000335 level which is reversal from 0.236 level of wave III. Targets potentially can be 1.272 extension (0.00135) or 1.414 extension (0.00148) levels of wave III.
Wave II. was correction to 0.382 level of wave I. approximately.
RSI is above 60 though volume is low.
A lower timeframe trade setup may be developing and I will share my thoughts in a separate idea.
These are my personal views and analysis only – alternative wave count may exist and be identified. Please do your own research and trade carefully!
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