- Has a Beta event in May but in overall there are not so many critical events exist till 'Lightning Network' - in the end of 2018-. - One of top 10 coins on the marketcap. Means, "Keep Calm, Buy Low and Hodl" - Has its own Decentralized Exchange. You can buy it with inner peace. - More than 60 options to trade XLM on several exchanges with several parities.
TA :
- Red Line : 20MA, Green Line : 50MA, Blue Line : 200MA. You can see the similarity between those lines reported in circles and vertical-blue-lines. - One of the similarities between circles is 20MA has just crossed 50MA downwardly. They will reach the 200MA in next month with a "Falling Knife". All the MAs will come together when the price fall below them. - We will see a huge correction in the upcoming 'bearish' months of XLM. 20MA & 50MA says it will be 'bearish' period, not me. But overall trend is bullish as you can see from 200MA. - Also fib levels as supports and resistances are very clear. - It will touch again its initial value~2000 satoshis at the 4th wave of Elliot which is also a fib-support and under the MAs-reach-point. - Fib-support around 2000 satoshis will be broken down and turn into a resistance. Support and resistance are both generate an accumulation zone under MAs-reach-point. And we will call it 'buyzone'.
Overall :
- It is a very Long Term Trade as you can see frankly. Don't take it as a Daytrading Advice. - As you see I am very short for Stellar in the coming months. But after that, XLM can 'moon' - Big Green Box is Buyzone : 1500 - 2000 satoshis. We can reach it in Q2 of 2018. - Target is 8000 - 10000 satoshis. It will rise in Q4 of 2018. - Time is 9-12 months. - Potential is between x4 and x7 if you WAIT FOR THE DIP/BUYZONE
Please comment if I have mistakes. Good luck.
Operación activa
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Despite awesome news & event like IBM partnership; TA says there is an H&S pattern is possible. So there are two ways : 1. H&S will fail and XLM will go on this level 2. H&S will happen and the 4th wave will become definite around 2800-3000 satoshis
I do agree, we will see this fractal pattern play out.
whiskey4
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how is your wave count even correct. wave 4 is overlapping with wave 1 thats incorrect wave count.
aozan88
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@whiskey4, yep I know that's right but does it have to bi so sharp and solid? Especially in an unregulated and over-manipulated market ? Just wanted to stretch out the chart, that's all.