TradingView
cristian-ruiz
Jan 5, 2018 10:57 PM

XLM - End Of Correction Short

Stellar Lumens / BitcoinBittrex

Description

Regarding the waves we should be at the end of the correction.
As there is a strong support at 0.00003615 BTC, I expect the price to make a rebound here.

Comment

So as expected the price made a rebound at 0.00003615. As we are still in an uptrend (in a daily basis speaking), i'm forecasting the following :

If the pink line is braked out then we enter in a down trend and in this case i will consider closing my position.

Good luck guys!

Trade active

A new Elliot waves is forming now. And we start the 1st of 5 waves.


Good luck!

Trade closed manually

The Elliot waves pattern din't appears.
More