Stellar / TetherUSMis à jour XLM forming ABC correction, setting up for big rise?
ABC correction forming
Fibs are lining up nicely
Ichimoku Conversion line down crossed Base line, calling for a correction
Expecting local Fib correction to around $0.26 - $0.28
After it could make a move up to a 0.702 retracement from the ATH in May. Retest of local ATH at $0.42 possible, could also shoot straight through to set new ATH.
New ATH would be $1.01 to $1.16 according to a hyper-extended Fib from the entire market.
Personally I will open trade after the daily closes inside Ichimoku cloud after the buy zone. I do not currently hold this coin.
Fibs are lining up nicely
Ichimoku Conversion line down crossed Base line, calling for a correction
Expecting local Fib correction to around $0.26 - $0.28
After it could make a move up to a 0.702 retracement from the ATH in May. Retest of local ATH at $0.42 possible, could also shoot straight through to set new ATH.
New ATH would be $1.01 to $1.16 according to a hyper-extended Fib from the entire market.
Personally I will open trade after the daily closes inside Ichimoku cloud after the buy zone. I do not currently hold this coin.
Note
Price reached target area and showed strong support. Open now or wait for retest / trend breakout
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.