TradingView
RickSmash
Jan 27, 2018 7:42 AM

XLM update. Long

Stellar / BitcoinBinance

Description

So many charts with ascending triangles "in and around" previous highs. XLM could use a quick retracement to power up for mewn.
To be clear, I am estimating the future with my positioning of the Fib Retracement tool.

Comment

I have two XLM charts, both bullish. I am leaning toward this one with the correction.

Comment

It failed to make the last push I estimated, but retraced to the same line. The Fib retracement on this move was a .38 instead of .5 like I guessed. That's not bad. I'm still bullish on XLM, as I keep hearing about ICO's choosing to launch on their platform.

More