XLM has been catching bids and making higher highs. Wave ratios are still "corrective" more than "Impulsive". But recent movements look to be building momentum.
Plotted are relevant zones worth observing for more clues. There are a LOT of lines here, but each will cause a reaction. This range is crucial for XLM's future, worthy of close inspection.
0.072xx should be minor resistance, or Bulls are very weak. 0.074xx will cause a pullback that Bulls need to cut short. 0.078xx is the Likely target and possible Top for a while.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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I have posted a new Idea with small TF outlooks and zones here:
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"Likely Top" hit EXACTLY XLM still looks strong, did not dip with btc at all. We may go for one more push yet.
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Zoomed in, we see just how PRECISELY it Pinged
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So we blasted right through to my final target/resistance, the previous high Pulling back pretty hard. Will try to measure the pullback and see if any targets come to light.
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that jump was very quick, so the hourly candles dont show details. There is 1 MINUTE chart notice the EXACT reactions at the zones. Now to observe the "relaxation" phase.
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