iambrian

XLM - Uptrend

Long
BITTREX:XLMUSD   Stellar Lumens
Having finished its retracement, and broke out of the downtrend, over the next week I am expecting XLM to continue following along within the lower portion of the channel, making small retracements at each fib line. From what I have heard, there will be a roadmap update on the 21st. Therefore, assuming that is accurate, there will be increased buy pressure on the 20th that will continue into the 21st pushing the price upward to the middle channel. Once finished, and profit taking occurs, i expect stellar to see a large correction downward. This will be followed by a return to the price range in the first week of February.
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