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UnknownUnicorn2239932

Potential XLMBTC Fibonacci Entry Points

Long
Stellar / Bitcoin (BINANCE:XLMBTC)  
UnknownUnicorn2239932  
BINANCE:XLMBTC   Stellar / Bitcoin
Trend Analysis Chart Patterns Technical Indicators
9
1
trendanalysis chartpattern indicator
I am bullish on XLMBTC because:

  • Sept. 17, XLMBTC broke out of a descending wedge
  • Nov. 5, XLMBTC broke out of an asymmetrical triangle
  • Oct. 28, The SMA 50 and 100 had a bullish cross
  • It just bounced off the 38.20% (Fib)
  • If XLMBTC falls below 38.20% then 50.00%, the support line of the current descending wedge, and 61.80% on the Fib, are possible next stops, which with a confirmed bounce off of any of those are potential buy entry points


    NOT FINANCIAL ADVICE. DYOR.
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