XLM to hit ATH!! (after cup and handle)
XLM has manage to hit 61.8% on the fib retracement. What this means is that it has retraced an amount in the market and with no negatives currently surrounding the coin we can expect it to double top and retrace.
Its common for this to happen and other traders will predict this and set their buys and sells based on this data shown.
My prediction are the blue arrows as follows.. This will form a cup and handle. If you don't want to risk too much, set your buys at my red trend line, sell before the previous high.. and wait it out until it breaches that high... and make a buy after because if there arent enough bulls (people pushing the price up) we can expect to see it hang around there.
If you enjoy my TA, want to give me constructive criticism or feel like being generous feel free to tip me.
BTC 1.34% - 14cjTiu1UFBkBEUZzxSZcgQHo7jFbZ9ET6
ZCL 0.27% - t1PnVUgxZsMvVkoCajnU97CS81Q7mQwhXic
XVG - DDj1quCLuc84yMo1ZRnauchpJRKxyG8LZQ
LTC - LWXCqL6Nx9SVz1n7DKaU9HZf4kTMAQ8RxB
DOGE - DAjPDVWcAq2M9TGUcsJx1LsoP4Hk8Sucir
ETH - 0x3779fa699172104f957756c17b6dabadea319648
TRX - 0xe95cd7aa1b28f29cada5e852d7900d9e1b4310b8
Its common for this to happen and other traders will predict this and set their buys and sells based on this data shown.
My prediction are the blue arrows as follows.. This will form a cup and handle. If you don't want to risk too much, set your buys at my red trend line, sell before the previous high.. and wait it out until it breaches that high... and make a buy after because if there arent enough bulls (people pushing the price up) we can expect to see it hang around there.
If you enjoy my TA, want to give me constructive criticism or feel like being generous feel free to tip me.
BTC 1.34% - 14cjTiu1UFBkBEUZzxSZcgQHo7jFbZ9ET6
ZCL 0.27% - t1PnVUgxZsMvVkoCajnU97CS81Q7mQwhXic
XVG - DDj1quCLuc84yMo1ZRnauchpJRKxyG8LZQ
LTC - LWXCqL6Nx9SVz1n7DKaU9HZf4kTMAQ8RxB
DOGE - DAjPDVWcAq2M9TGUcsJx1LsoP4Hk8Sucir
ETH - 0x3779fa699172104f957756c17b6dabadea319648
TRX - 0xe95cd7aa1b28f29cada5e852d7900d9e1b4310b8
Comment:
we can expect to see highs of 7000 & 8000 sats over the coming 2-3 weeks. If you're in it for the long run set a buy at 3870 and sells respectively at 7000, 7500, 7750 and 8000 sats