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raducanstefan

XLM long $1.25 buy zone $0.5

Long
Stellar Lumens (BITTREX:XLMUSD)  
raducanstefan Updated   
BITTREX:XLMUSD   Stellar Lumens
Trend Analysis Chart Patterns Wave Analysis XLMUSD
7
4
trendanalysis chartpattern waveanalysis xlmusd
Fib levels check out, expect a ABCD, maybe ABCDE correction
Comment:
We're still inside the triangle, the big spike up was denied quite well, forming a hanging man then a doji. MACD entered overbought area and is going down.
I still expect the price to fall towards the 0.5 level
Comment:
post-crash update. BTC has dropped significantly and dragged the alts it as expected. XLM will bounce between 0.4 and 0.7 channel, as the triangle pattern no longer holds.
Expect a recovery this week. Be patient.
DO NOT SELL FOR A LOSS
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