prodigy81

XLM expected 40% correction (fractal) then 283% pump

Long
prodigy81 Updated   
BINANCE:XLMUSDT   Stellar / TetherUS
Well at this point we will crash a little bit...
I'm making a fractal from January's pump with a period of correction 35 days of maximum -50% from peak to peak (high and low).
Perhaps we might correct it to $.31 during the next 35 days. Then we will manage to have a huge pump (+283% to $1,12) until 22/03/2021.
Wish you all the best.
Read my other charts.
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Comment:
Well I'm thinking to keep this idea until 22.03, but at this moment (27.02) XLM did:
--> (4h chart) double bottom on MA200;
--> (4h chart) we are over MA 128 and MA60, starting to bouncing on them;
--> (6h chart) double bottom on MA 200 (23 and 26.02) and MA 60 working as resistance.
--> (1D chart) bounce on MA60 23.02.2021
--> (3D chart) bounce on MA21 23.02.2021 & MA7 working as resistance.
EMA compressed on 12h, inverted on 6h and 4h, opened on 1D and 3D.
So by EMA (comparing with previous pumps) we still have to wait.
I know you all want to pump, today was already good, wait for some pull back, hodl, also because BTC will probably retrace a litle bit more until 42k-41k, eventually taking alts, because of BTC dominance (not yet below to have another small alt season).
Comment:
Hello
My thoughts at this moment are that we are going deeper (I'm seeing a Head&Shoulders pattern) and hopefully we'll bounce on the support zone, come back to the triangle, fight bullsbears until 06 or 07.03 and then pump to nearly $.60.
Any updates from you?
Comment:
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