I've watched XLM defy the broader dips and flows and in several cases documented defiance against aggressive downward BTC and ETH trending days/hours. If no market/media influence occurs in the next 2-3 weeks I believe XLM is reaching for that .99 cents zone. Investors will be cautious as each major resistance is breached, then down back to .6/.7 until a new market condition.
It completed a typical 5 wave correction pattern. I think your thesis can now come into play. Trend reveersal with at least a 4 hr close above the 0.42 - 0.44 region.
LikeATr3B
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Thanks @Nickquick7 and @Matthewsan I agree on both sides. If all stays quiet I think this is actually the natural moves.
But things are never quiet. SO much more 3rd party issues to the market lately amiright?
I'm new here, will time show my accuracy on this graph? How can I lock it in?