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Alminc
4. Jan. 2018 10:41

XLM - Pullback? 

Stellar Lumens / BitcoinBittrex

Beschreibung

I'm looking at the hourly chart and it seems that XLM have been respecting trendline on the way up, but now it seems to have crossed bellow it, with MACD also crossing could this mean that we have entered retracement ?? If so, does anyone have any idea on how big of a retracement we are talking about ?
Kommentare
polyphonic
I hope it pulls back for a few days.

.236 retracement is around 5150.
.382 is around 4400.
.5 is around 3844

I highly doubt it would go below 4400, unless there was some silly BTC moves happening. 5150 more likely.
Alminc
@polyphonic, How did you set up that elliot wave ? from when to when ?
polyphonic
@Alminc, I did a fib retracement starting from around Dec. 26, which seems like the beginning of the larger move.
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