Loss of critical support
Commento:
This will still take a long time to resolve. But if BTC goes up XLMBTC will come down, pampers can't have both.
Commento:
XLM breaks down from triangle, indicating it chooses bearish path
Commento:
Commento:
Just lost daily cloud support
Commento:
My position on XLM has changed still short until further motice. Btw I think we are making a mini fractal bubble (red) here.
Commento:
^^^ should has NOT changed
Commento:
Looks like XLM has broken out. These charts are done now, would have been nice if they had continued but looks like this year will be a very different market from last year. WHen we were at this point in the cycle these alts like XLM and XRP failed I guess it will be different this time.
Commento:
Having said that here's a chart for XLMBTC: you can see that there's no point doing Elliott wave on the day chart, the types of bull run are over very quickly. The stoch RSI is maxed and the regular RSI is racing up to the ATH value from Dec 2017. Expect a pullback/collapse when it gets there. Target is marked
Commento:
also note that the volume is 20 times less than in December - make of that what you will
Commento:
I found something interesting in the XLMBTC chart, take a look. Click on the chart to read the explanation
