Stellar heading down after rejection of channel median.
Yoututbe trader Rastani suggests fib targets 1.272 and 1.618, let's see - not convinced personally.
Whales can easily break channel bottom too, so not trading advice **
How many XLM are there? 20 billion! Up to you if you actually want to accumulate this stuff. Honestly, long-term I have no problem with price going to 1 cent. Check out the sentiment back in January '18 in the "XLM repeating fractal bubble pattern" chart linked below. Everyone thought there is no way this can go to down. Those were the people that came at the end of December, I guess. Where are they now? Still holding? :(
Yoututbe trader Rastani suggests fib targets 1.272 and 1.618, let's see - not convinced personally.
Whales can easily break channel bottom too, so not trading advice **
How many XLM are there? 20 billion! Up to you if you actually want to accumulate this stuff. Honestly, long-term I have no problem with price going to 1 cent. Check out the sentiment back in January '18 in the "XLM repeating fractal bubble pattern" chart linked below. Everyone thought there is no way this can go to down. Those were the people that came at the end of December, I guess. Where are they now? Still holding? :(
Comment:
Channel updated with fib lines
Comment:
Finally XLMUSD breaks out of downtrend channel. I did not sell although volatility is expected here. I'm just holding xlm as long as I can.
