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hkmh
May 9, 2017 8:36 AM

XLMXBT finished 0,61 Fibonacci retracement, New Targets.. 

Lumen / EuroKraken

Description

After an 4.21 Fibo Extention Level reached (latest point to sell :-)) XLM finished fastly its correction and will reach probably fastly again at least fibo extention 1.6, most probably 2.16 also seeing the very bullish first rally fibo ext. 4.2 (see chart).

One should consider to sell and wait for at least a 0,5 fibonacci retracement better 0,61 to buy again..

Selling at the current valuations does not make sense especially if you bought at high prices..

Lumen is trendy and I guess we will see in like 2 week again prices at the selling area (Fibonacci extention 4.2)
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