XLM bulls are patiently waiting

BINANCE:XLMBTC   Stellar Lumens / Bitcoin
The indicators are looking good for XLM . If it keeps the support around 4500, we may be in for another bull run. $XLM $XLMBTC
What is the next target, will it reach $1 back?
+1 Antworten
fnneves Zheff182
@Zheff182, I think that lots of money coming in to BTC at the moment, which makes the alts suffer in the short run. I believe some of the money coming in to BTC will eventually be used to buy some of the more popular alts at some point, so yes.. I think it will be back to around 1 usd, but we may have to wait for the BTC bulls to get tired. I bought it at 4450, and I'm gonna hold it for now.
ABear fnneves
@fnneves, been watching this run closely and charted it as well. I think and hope you are right as I am holding all my layered buys on the 4th wave retracement. Not so stoked about the delayed 5th impulse but at least I think it is going to happen... might be a couple or three days though... impossible to say.
ABear fnneves
@fnneves, also... I may have it wrong... but I placed the start of impulse wave 1 at about 2100 so my fib levels are a little bit diff - though I'm not sure 1000 Sats is going to make any difference, really.
don't understand how u place ur fib retracement.
+1 Antworten
fnneves stakhanov45
@stakhanov45, Previous low to recent high. I know some people advocate you should only place it top to bottom, but I don't think that's true. You should follow the previous trend. I am not a professional trader, so please do your own research before using my signals! Youtube is a great free source for technical analysis lessons. Thanks for commenting!
@fnneves, The only reason I can think of is finding a possible bottom if you're looking at a major bigly correction
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