Teklologist
Long

XLMBTC: Great buying opportunity

BITTREX:XLMBTC   Lumen / Bitcoin
Do what you want.
Comment: There’s the chance that the larger descending wedge/triangle depicted here is playing out for wave 4. However, it remains plausible that this pattern ended with the original, smaller triangle. Something to keep in mind.
Comment: Sorry, it is NOT a descending triangle. There is a slight downwards slope between A and C.
Comment: Looks like 4 went lower than I expected. Still, any XLMBTC price from current and under is a steal. This chart is based on Binance data. Based on other exchanges, like Bittrex, XLM could go a bit lower. However, Binance did a good job capturing the start of XLM's previous rally.
Let's see how it goes!



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