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Big_Mike716
Jun 27, 2021 10:44 PM

XLM Long

Stellar / United States DollarCoinbase

Description

XLM- As stated in previous analysis XLM is and was a strong buy at .23-.25c Reasoning is that the chart is very clear and clean to me, after 5 waves up in the primary cycle XLM completed a near perfect ABC correction inside of a falling wedge pattern. A falling wedge pattern is very bullish pattern b c it show bearish selling exhaustion , meaning bears getting tired and the bulls can flip the trend very easily & quickly. Here is my EW projection going forward.
Comments
Nickquick7
I don’t see a fast end to this bear trend but do hope ur right.
Big_Mike716
@Nickquick7, bear trend has been long and painful IMO a fast end is the only way
rb675
Good looking.bro
Gabriel12345679
Looks good let's goo! Eather way I'm long term for years and years
pilotdude
@Gabriel12345679, diamond hands.
Hansdolo83
good stuff...little bit of volume comin in :). come on bull!
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