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Crypto_Master100
Apr 7, 2021 1:47 AM

XLM - Breakout Or Bull Trap? Short

Lumen / U. S. DollarKraken

Description

Analysis:

- Reverse Pull Fibonacci Tool For Projected Targets
- Support & Resistance Bounces
- Order Block Flow Analysis

Target 1: $0.2460

Target 2: $0.1536

Opinion:

- I believe a correction is inbound despite the bullish momentum

Comment

Do not get excited over this pullback as we are still headed down :)

Comment

I definitely saw XLM coming down a lot lower but it decided that it will rise instead

That is OKAY as I can always do another XLM chart

I will wait to see more price action so I can do an updated chart and make sure the next one is more accurate :)

Comment

XLM finally wants to come down

Comment

Lets see how this plays out!

XLM actually may give me my targets after all :)

Comment

Almost gave up on this chart but its not over until its over!

Comment

Target 1 Completed :)
Comments
SeanMayer
Yeah I’m smelling bull something
sleepggx
@SeanMayer, So where did the smell come from? did you step in shit?
SeanMayer
@sleepggx, I mean I do have quite a few dogs, so I can't entirely rule it out. Always happy to be wrong, happy trading day to you
sleepggx
I approve this apology, you may live.
SeanMayer
SuperMario4
haha you need to understand the market man! the pump is incoming, it's pre-determined.
Crypto_Master100
@SuperMario4, Thank you for sharing your opinion :)
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