Fib mapped Support and Resistance zones to watch.
Stellar has been a laggard, maybe due to XRP fud.
Bulls need to get above immediate resistance asap.
Drag DOWN on the PRICE scale to see zones above/below.
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I will post updates as price approaches/passes key levels.
I do not use "Fibs" in the...
Today we have XLMUSDT. On 4H chart we see that pennant pattern formed (pennant is symetrical triangle on the pole). Pennants are easy to predict, because breakout is usually in direction of pole. So here, price should go up again. BTC.D bounced at 62,6 to 64,4 and also BTC pumped. It will be important next hours and days what BTC will do. But if...
Is a triangle is bullish or bearish at this point? I don't care. We are a few hours to assist (on this 4h chart) a breakout and might see the moon at $.50.
As you can see in all the big last moments of Stellar/XLM (p.e.: last +130% = Ukrainian Government Announcement) are connected with their own press releases. I've found out that they are announcing in January...
I think XLM will grow exponentially but for me there are two scenarios, one in which XLM will grow exponentially in the next period until the beginning of February. The most negative but still good scenario in the end is the one I present in the chart. In that scenario, XLM climbs a little to about 0.30, followed by a decrease of up to 0.20, but after that...
XLM is in a nice upward trend, but it is horribly volatile at the moment. Now the price is at the centre of the trend look for signs of growth, but the safer trade is waiting for a return to the bottom of the channel and picking up some value on the recovery.
There is a reverse shoulder head formation that could not break before, and it broke its right shoulder and turned back into the formation again. There may be a move towards the take profit levels of the shoulder head formation, it seems to be a preferable transaction due to the short stop high rr rate in the future. maybe we can get good news about in-patient xrp...
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Between around January 24th and around February 3rd, we need to watch for any movement that deviates from the 0.24042802-0.29621064...