Technical view of XLM - Bullish view
Here I use a combination of patterns, rsi, stoch, fib, and bottom channel. XLM is always a good hedge against XRP. Both will do pretty successful in the coming years so I see no reason why we cant make new highs. Overall here is a short-term view to $1 and possibly higher. Target shows 1.618 on the daily as a TP zone of $2.74 could be achievable. Patience will pay hodl away.
Catatan
We may also make an expanding flat here once we get close to and/or hit $1 - this pattern would look like the pattern showing from DEC 2017 - 2018 instead of it squeezing we could expand like a cone < google expanding flats. You can find many of these sentiment reactive patterns across a lot of charts. Use Monthly and Weekly and Daily support zones for your entries they work well. Lets hope we follow this channel up!Catatan
Please like, support, and share thoughts and your charts below! Thanks everyone! And please be kind :)Catatan
above txt correction: On wave 4 - 5
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.