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Medium term projection: short, then bounce to 0.5 Fibo

Short
XLM (BITFINEX:XLMUSD)  
InvestingScope  
BITFINEX:XLMUSD   XLM
Trend Analysis Harmonic Patterns Chart Patterns STELLAR stellarlumens XLM XLMUSD stellaranalysis stellarlumensanalysis xlmusdtechnicalanalysis
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trendanalysis harmonicpatterns chartpattern stellar stellarlumens xlm xlmusd stellaranalysis stellarlumensanalysis xlmusdtechnicalanalysis
The price is on a crystal clear 4H Channel Down which is now pricing a Lower High (RSI = 45.400, Highs/Lows = 0, B/BP = -0.0080). Based on the Fibonacci retracement levels of the previous Channel Down, XLM should make a Lower Low on this Channel near 0.21539646 (which is our TP). After that it should rebound to the 0.50 Fibonacci (0.29077738), before possibly a new Channel Down.
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