XLMBTC Stellar gave us entry at exactly 2745 sats coming to point D and completion of this pattern, tho it kept falling, maybe due to delay of testnet to 27 Feb. The pattern is still very valid and only becomes invalid once we fall from point X, marked as stop-loss around 2100 sats.
There's also big bullish divergence since September 2017, so we could be playing the final bottom of Stellar, as shared before on USDT, where we have Butterfly pattern als. Both are aligned - I didn't check for this Butterfly on BTC chart, but probably here too.
They are aligned due to bullish divergence and maybe final bottom, because Butterfly is a Trend Reversal and Bat (smaller) a temporarily reversal of trend (temporarily reversed from top), which means that by Butterfly this is bottom (USD until .06$ - .08$) and by Bat means it's just a correction and reversal is here (BTC until 2100 sats).
This is a #long term play and main targets are 3372 sats and 3986 sats, respectively .382 and .618 fibo, aggressive target is point A at 4980 sats.
Both Butterfly and Bat have same final targets - Point A.
Fundamentally this is one of the most bullish projects out there and after few years still in Testnet only shows price means nothing and they taking their time to make it solid without margin for error.
Good work Stellar!
There's also big bullish divergence since September 2017, so we could be playing the final bottom of Stellar, as shared before on USDT, where we have Butterfly pattern als. Both are aligned - I didn't check for this Butterfly on BTC chart, but probably here too.
They are aligned due to bullish divergence and maybe final bottom, because Butterfly is a Trend Reversal and Bat (smaller) a temporarily reversal of trend (temporarily reversed from top), which means that by Butterfly this is bottom (USD until .06$ - .08$) and by Bat means it's just a correction and reversal is here (BTC until 2100 sats).
This is a #long term play and main targets are 3372 sats and 3986 sats, respectively .382 and .618 fibo, aggressive target is point A at 4980 sats.
Both Butterfly and Bat have same final targets - Point A.
Fundamentally this is one of the most bullish projects out there and after few years still in Testnet only shows price means nothing and they taking their time to make it solid without margin for error.
Good work Stellar!
