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LeoFibonacci
Sep 25, 2018 6:52 PM

XLM in correction - looking oversold 

XLM / DollarBitfinex

Description

Not sure if neckline will be broken here, or if support can be held and the diagonal uptrend continues. Thoughts?

Comment

right shoulder forming...

Comment

still a possibility of a wide right shoulder, but uptrend seems to have resumed within small channel
Comments
MrMarketMaker
Wow, what a call!
LeoFibonacci
@MrMarketMaker, price actually touched my green arrow lol
faronf
wow, if this H&S plays out ( i'm doubtful ) would mean XLM at 0.16-0.17? That would be a Stellar price!!! :p Sorry, couldn't help myself.

emanuel1991sousa
hope head and shoulders do not complete
vickydaswani


Bitcoin midterm analysis that you need to see
LeoFibonacci
@vickydaswani, very useful short-term analysis. can i ask what the "dessert" crossing phase refers too?
vickydaswani
@RichieOliver, dessert crossing phase is generally referred to market where market volatility is very low , there are no major movements, market actually dies between range , this happens to be one of the best times of investment big major player accumulate here
andrejevic
It all depends on btc, it is higher probability that we break the support, because btc is below 6369.
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