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XLM UPDATE – WICK DOWN TO .12 BEFORE SKYROCKETING TO $4+?! for COINBASE:XLMUSD by jaydee_757

SHORT TERM BEARISH BUT BULLISH IN A FEW WEEKS/MONTHS?!! MAY SEE A WICK DOWN AROUND .12 (TO TEST THE PARALLEL CHANNEL ) BEFORE BREAKING TO THE UPSIDE!!!

You can’t be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Dont follow the majority, because the majority will lose in the end! Also, dont buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! I AM NOT A FAN ON XRP AND ITS FUNDAMENTALS. I DON’T CARE IF IT MAY BE THE WORLD CURRENCY, OR USED FOR CROSS BORDER PAYMENTS. THE STRUCTURE OF THE CHART IS WHAT COUNTS!! XLM is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!

FACTS:

1. STOCHASTIC RSI NEEDS A BULLISH CROSS ON THE 2 WEEK TIME FRAME. WILL ALSO NEED TO BE ABOVE THE 20 LEVEL FOR BULLISH CONFIRMATION!

2. RSI LEVEL IS CLEARLY OVERSOLD! IN 2017 WE HAD A DOUBLE TOP . WILL WE HAVE ANOTHER DOUBLE TOP THIS MARKET CYCLE?

3. 2017 AND 2021 LOOKS EERILY SIMILAR BOTH IN THE STRUCTURE OF THE CHART AND INDICATORS!

BUY TARGETS (THESE ARE WHERE WHALES AND INSTITUTION WILL START ACCUMULATING AGAIN!):

Target 1: 0.22 (corresponds to the 1.618 fib!!)

Target 2: 0.12 (corresponds to the 0.618 fib!!)

SELL TARGETS:

Target 1: 2.51 (corresponds to the 2.618 fib!!)

Target 1: 4. 01 (corresponds to the 4.618 fib!!)

Good Luck!

“If you can’t beat the fear, do it scared!”

“Be fearful when others are greedy, and greedy when others are fearful!” – Warren Buffet.

“Markets are a device for transferring money from the impatient to the patient. – Warren Buffet

“Show me the charts, and I’ll tell you the news.” – Bernard Baruch

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