mfibbs

PART#4 OF AN EXTENSIVE ANALYSIS ON XLM ! A BULLISH IDEA !!

mfibbs Updated   
KRAKEN:XLMUSD   Lumen
WHAT'S UP TRADERS, INVESTORS AND MOON BOYZ ! THIS IDEA JUST CAME TO ME AND THOUGHT I WOULD SHARE IT. STILL PAY ATTENTION TO MY LAST ANALYSIS
AS THAT IS A BREAK DOWN OF THE SCENARIOS. I REPEAT!! I AM NOT ALL OF A SUDDEN BULLISH!!! WE DON'T HAVE CONFIRMATION YET ON EITHER WAY THIS IS GOING!! THIS IS JUST AN IDEA!! IF XLM SOMEHOW BECOMES BULLISH AND FOOL'S A LOT OF PEOPLE ON THE WAY DOWN, I BELIEVE THIS WILL BE THE BULLISH OUTCOME. EVERY ONE IS CALLING FOR $.27 OR LOWER AND BELIEVE ME, THAT SCENARIO IS STILL IN PLAY WITH TRIANGLE AND US BEING IN AN (ABCDE). tHIS LOOKS LIKE A BULLISH GARTLEY PATTERN FORMING AND IF WE GET VOLUME AT THE .786 FIB LEVEL, YOU SHOULD ALL PAY ATTENTION!! I WILL BE BUYING HERE FOR SURE AND TAKE THE CHANCE EVEN IF IT GOES LOWER BECAUSE I'M FINE HOLDING AT THESE LEVELS. IF IT GOES LOWER THAN EVEN BETTER!! THINGS ARE LOOKING GREAT RIGHT NOW WITH US KNOWING AND HAVING A GRIP ON WHAT'S GOING ON. 9-10 TIMES, YOU WILL NOT BUY THE BOTTOM OR SELL THE TOP. THE MORE YOU TRY, THE MORE YOU WILL SCREW YOURSELF. THIS IS NOT A CALL, AND I'M NOT SAYING TO MORTGAGE THE HOUSE OR ANYTHING, BUT IF I WERE YOU I WOULD BUY AT THIS LEVEL AS PART OF YOUR DOLLAR COST AVERAGING. RIGHT NOW WE ARE TRADING BETWEEN $.40.6 AND $.37.5. i'M WAITING FOR A BREAK BELOW $.35.4 TO SEE IF WE HEAD TO THE $.31 AREA AND SEE IF THAT HOLDS. IF IT BREAKS LIKE BUTTER THAN BE PREPARED FOR MY ORIGINAL BEARISH BIAS. GOOD LUCK GUYS AND BE SMART !!
Comment:
Looks like the Gartley should play out. We hit our low on the C wave at $.31. Wave 5 may wick slightly lower , but I would say it’s time to pack your bags, because we’re heading to the .1272 and then the 1.618 hopefully.

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