EuroMotif

XLMUSD has some Blue Skies above roof: Stellar watch zones

EuroMotif Mod Updated   
BINANCE:XLMUSD   Stellar
Stellar got some love from recent Crypto-wide rally.
But it has been a laggard compared to other big coins.
I think once BTC and ETH settle down, XLM might go.

There is Key Resistance just above current price.
If bulls can break the 4.618 then it might run.
Round number 0.1000 will also cause a pause.

But once past the nearby hurdles, then 15-25% jump is possible.
The fundamentals are looking good with various Partnerships.
As news spreads we should see steady buying of this coin.
Comment:
XLM short term looking good, and noticing the fibs perfectly bulls need to hold the 5.618 at all costs after rejection from the 6.618

.
Comment:
Near Perfect adherence to the Fib zones originally plotted, even with recent news about IBM and such
.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.